Assets of Canadian textile plant up for bid at auction
The textile manufacturer will have complete lines of machinery and equipment up for grabs in online auction on July 16
MONTREAL – Tiger Group and International Textile Machinery Sales will begin accepting offers on July 10 for an online auction of a complete dyeing, finishing and quilting facility operated by Doubletex, a Canadian textile company.
Scheduled to be closed just prior to the auction, the plant features non-woven, quilting, dyeing, finishing, and fabric laminating machinery, and state-of-the-art laboratory and quality control equipment.
Established in 1910, Doubletex was one of the largest privately-owned textile manufacturers in North America. While building upon their historical expertise in quilted, non-woven (wadding) and laminated fabrics, Doubletex assembled a world class dyeing and finishing facility that served the North American garment industry for the past 50 years. During the past 20 years, as low-cost garments flooded into North America, Doubletex shifted its focus to concentrate on technical fabrics for the outerwear, uniform and protective clothing markets.
Doubletex served as a supplier to such Canadian agencies as the Canada Border Services Agency, Canada Post, the RCMP, Forest and Fisheries, emergency medical services, and various police forces. For many years, Doubletex was also the sole supplier to Canada Goose for its “Arctic Tech” and “Baffle” fabrics, which were used in the company’s iconic parkas.
Doubletex management made the decision in the fall of 2018 to discontinue its operations following the completion of its sales and production program in early June 2019.
Bidding will commence July 10 – at www.SoldTiger.com – and will close in rapid succession, online auction style, at 10 a.m. (ET) on July 16.