Polymer Group, Inc.

Electronic Components & Devices

PGI Introduces New Moldable Substrates for the Automotive Industry

Recyclable Material for Trunk and Wheel Well Liners Reduces Noise in Vehicles MIAMI, April 26 /- Polymer Group, Inc. (PGI) (OTC Bulletin Board: POLGA; POLGB) today introduced new substrates for moldable automotive components made from recyclable materials that improve acoustics in vehicles. Used in trunk and wheel well liners, the substrates made from recyclable polypropylene and polyethylene...

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Mergers & Acquisitions

Blackstone Completes Acquisition of Polymer Group, Inc

CHARLOTTE, N.C., Jan. 28, 2011 - Scorpio Acquisition Corporation, an affiliate of Blackstone Capital Partners V L.P. (NYSE: BX) ( Blackstone ), has completed its previously announced acquisition of Polymer Group, Inc. ( PGI ). The transaction helps continue to position PGI as a leader in the nonwovens industry. PGI's chief executive officer, Veronica (Ronee) M. Hagen, stated, The sale to...

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Company News

Polymer Group Seeks to Raise $530.0 Million in Senior Secured Notes Offering

CHARLOTTE, N.C. Jan. 10, 2011 - Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) today announced that, in connection with its proposed merger with an affiliate of The Blackstone Group, it intends to offer in a private placement $530.0 million in aggregate principal amount of senior secured notes due 2019. The senior secured notes offering is part of the financing for, and is conditioned...

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Company News

Polymer Group, Inc. Announces Planned Capacity Expansion in North America

New State-of-the-Art Spunbond Line Targeted To Serve Hygiene Market in U.S. and Mexico CHARLOTTE, N.C., Aug. 13 / -- Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) today announced plans to install a state- of-the-art spunbond line in North America to serve hygiene and other customers in the U.S. and Mexico. The new line will increase capacity by approximately 15,000 metric tons for this...

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Electronic Components & Devices

PGI Introduces New Moldable Substrates for the Automotive Industry

Recyclable Material for Trunk and Wheel Well Liners Reduces Noise in Vehicles MIAMI, April 26 /- Polymer Group, Inc. (PGI) (OTC Bulletin Board: POLGA; POLGB) today introduced new substrates for moldable automotive components made from recyclable materials that improve acoustics in vehicles. Used in trunk and wheel well liners, the substrates made from recyclable polypropylene and polyethylene...

Read More »

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