Specialty Fabrics Review December 2021 - 18

[ BRIEFS ]
industry news
IFAI introduces member benefit program
I
FAI has announced a new benefit for IFAI members in the United States: the
IFAI Health and Benefit Insurance program. The new program gives all IFAI
members access to a dedicated team of experts who are ready to help find the
best health and nonmedical benefit coverage to fit a business's needs. IFAI Health
and Benefit Insurance can offer the following programs to any group sizes of two
or more employees:
Allstate Benefits
Self-Funded Program:
* Stop-loss insurance to protect a
business's finances if claims are
higher than expected.
* Opportunity to receive money
back in years when claims are
lower than expected.
* Customizable plan designs.
* Vitality wellness-a no-cost, health
assessment and reward package.
* Teledoc-24/7 access to U.S. boardcertified
doctors free to employees.
MetLife Your Choice Program:
* Cost savings-groups that may
already have benefits in place will
take advantage of 5-10% lower costs.
* Reduced participation requirements.
* Benefit administration tool-no
cost and keeps implementation,
enrollment and ongoing
administration simple.
* More choices and access to benefits
such as Legal Services and Accident.
* Inbound employee call center-
professional benefit coaches,
providing educational, needs-based
enrollment assistance.
For more information on the program, contact Holly Bloom, financial
representative, at Bloom.Holly@Principal.com.
Herculite Products Inc., an innovator
and manufacturer of high performance
and custom fabrics, has promoted
Paul Flaherty to chief strategy officer
and Marco Angelone to chief financial
officer. Flaherty, who has been with
Herculite for 10 years serving as the chief
financial officer, will be responsible for
the development and implementation
of the company's long range strategic
initiatives. Angelone, who has been with
the company for two years as controller,
will fill Flaherty's vacancy.
Precision Textiles has formally opened
its second manufacturing facility. The
new plant, located in Troy, N.C., is a
160,000-square-foot plant on a 25-acre
campus. The facility will eventually
double the company's needle-punch
nonwovens production and boost its highloft
quilting fiber output by 50 percent.
The U.S. Cotton Trust Protocol, a farm
level, science-based program that sets a
new standard in more sustainably grown
cotton, recently celebrated one-year
since its official launch. In its first year,
the Trust Protocol welcomed more than
465 brand, retailer, mill and manufacturer
members and secured 950,000 bales
of cotton into the system. The initiative
also launched the Protocol Consumption
Management Solution (PCMS) which
enables the Trust Protocol to offer
transparency and visibility of cotton
through the supply chain, backed by
independently verified data from growers.
MMI Textiles has announced that Dan
Pezold has joined its team as a textile
consultant. He will play a key role in
the company's work for the military
market and lead developments within the
company's supply chain.
Rainier Industries has promoted Chris
Inverso to CEO. Scott Campbell, Rainier's
long-time CEO, will continue as an owner
and board member.The company has also
announced its partnership with Nashville,
Tenn.-based investment firm LFM Capital.
LFM embraces the diversity inherent in
Rainier's divisions and will provide expert
guidance and operational support to grow
the company in the years to come.
18 SPECIALTY FABRICS REVIEW / December 2021
Camel Expeditionary, a manufacturer
of military tent products, was recently
awarded a new five-year, $50 million
contract with the Defense Logistics
Agency. Under the contract, Camel will
produce light maintenance enclosure
structures, primarily for use by the
United States Army. The tents are
designed for all-weather use and typically
house military vehicles, including high
mobility multipurpose wheeled vehicles
and M1 Abrams tanks.
Sattler Outdura, a division of The Sattler
Group, Austria, has promoted Mariia
Elizarova to senior designer for all
Outdura casual furniture and Sattler shade
fabrics. As part of the Sattler design team,
led by design director, Cornelia Pongritz,
Elizarova will be responsible for designing
the fabrics that Sattler Outdura offers for
its outdoor and shade collections.
Specialty Fabrics Review December 2021

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