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Hamrick Mills. Founded in 1900. Founded in 1900. 5 th Generation family owned. 5 th Generation family owned. 2 Vertical Weaving Facilities in SC.

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Presentation on theme: "Hamrick Mills. Founded in 1900. Founded in 1900. 5 th Generation family owned. 5 th Generation family owned. 2 Vertical Weaving Facilities in SC."— Presentation transcript:

1 Hamrick Mills

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4 Founded in 1900. Founded in 1900. 5 th Generation family owned. 5 th Generation family owned. 2 Vertical Weaving Facilities in SC. 2 Vertical Weaving Facilities in SC. 48”-135” Lt. to Med. Wt. cloth. 48”-135” Lt. to Med. Wt. cloth.

5 SUPPLY CHAIN -WHERE ARE WE ??? Oil Field/Cotton Field Refinery/Gin Filament /Yarn Spinner Fabric Producer(Knitter / Weaver ) Dyer/FinisherProduct Mfr. Distributor/Ret ailer Consumer

6 MARKETS SERVED TO 1990’s MARKETS SERVED TO 1990’s Mattress Pad Backing Mattress Pad Backing Comforter Backing Comforter Backing Tufting Substrate Tufting Substrate

7 MARKET SHIFTS 1990’s to 2000 MARKET SHIFTS 1990’s to 2000 Pocketing Pocketing Apparel Apparel Home Décor(Curtains/Drapes) Home Décor(Curtains/Drapes) Industrial Industrial

8 MARKET EXPANSION 2000 – Present MARKET EXPANSION 2000 – Present Apparel Segment – Interlining, Shirting, Uniform fabrics. Apparel Segment – Interlining, Shirting, Uniform fabrics. Home Furnishings/Institutional fabrics, Shade and Window treatments. Home Furnishings/Institutional fabrics, Shade and Window treatments. Industrial Fabrics – Tape substrates, Flocking, etc. Industrial Fabrics – Tape substrates, Flocking, etc.

9 Reasons?? Shrinking domestic customer base. Shrinking domestic customer base. Foreign imports with advent of trade agreements. Foreign imports with advent of trade agreements. Pursuit of alternative avenues of distribution. Pursuit of alternative avenues of distribution. Continuous transformation and metamorphosis. Continuous transformation and metamorphosis.

10 ACTIONS Identify useful Free Trade Agreements - NAFTA, DR-CAFTA, PERU, COLOMBIA?? Downstream marketing Apparel Mfrs. and Brands Uniform/Career Wear Companies Converters, Finishers, End Users Strategic Partners, collaboration

11 Where do we find them?? Industry Organizations Industry Organizations AAPN AAPN Cotton Council International Cotton Council International SEAMS SEAMS RegionaLink RegionaLink www.about sources.com www.about sources.com Trade Shows Trade Shows Agents/Contacts(Networking) Agents/Contacts(Networking)

12 AAPN www.aapnetwork.org

13 Cotton Council International www.cottonusa.org

14 SEAMS www.seams.org

15 RegionaLink www.regionalink.com

16 Trade Shows MAGIC MAGIC Texprocess Texprocess Apparel Sourcing Show – Guatemala Apparel Sourcing Show – Guatemala Colombiatex Colombiatex Colombiamoda Colombiamoda Perumoda Perumoda

17 OBSTACLES/REQUIREMENTS Importing/Exporting Experience – Documentation, paperwork requirements. Importing/Exporting Experience – Documentation, paperwork requirements. Knowledge of details of FTA’s Knowledge of details of FTA’s Potential for Audits by FTA countries or USA. Potential for Audits by FTA countries or USA. Record Keeping – time frame. Record Keeping – time frame. Labeling requirements Labeling requirements Freight Quotes – In/Out, Surcharges/hidden costs. Freight Quotes – In/Out, Surcharges/hidden costs.

18 515 W. Buford St. 515 W. Buford St. Gaffney, SC 29341 Gaffney, SC 29341 Jim Hopkins – (864)487-6283 Jim Hopkins – (864)487-6283 jhopkins@hamrickmills.com jhopkins@hamrickmills.comjhopkins@hamrickmills.com Roy Lockett – (864)487-6266 Roy Lockett – (864)487-6266 rlockett@hamrickmills.com rlockett@hamrickmills.comrlockett@hamrickmills.com www.hamrickmills.com www.hamrickmills.com


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