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Instyle and Colan Australia jointly acquired Geelong Textiles Australia, rebranding it as LoomTex. The textile mill will continue operations in Geelong, with plans for investments in technology and R&D.
“LoomTex will continue to create upholstery, apparel and technical fabrics in Geelong for commercial and domestic use, with plans for investments in technology, research and development.”geelongmanufacturingcouncil.com.au
Summarized from public sources; check the original articles before acting on it.