The impact of the COVID-19 pandemic on the overall economy, and on the specialty textiles industry specifically, is still shaking out. Although no company has remained unscathed, the stories coming out of the industry are not uniformly dire. While some suppliers and end product manufacturers have experienced harrowing drops in business and profits, others have managed to hold the line somewhat—although their fortunes have depended on the markets they serve and their ability to turn to products suddenly in demand.
Regardless of how they’ve fared individually so far, industry members are united in their uncertainty as to what the future holds.
