Home breadcru News breadcru Fibre breadcru Universal Fiber Systems expands market reach with FIT acquisition

Universal Fiber Systems expands market reach with FIT acquisition

31 Mar '25
2 min read
 Universal Fiber Systems expands market reach with FIT acquisition
Arial image of FIT in Johnson City, TN, recently acquired by Universal Fiber Systems. Pic: Universal Fiber Systems

Insights

  • Universal Fiber Systems has acquired FIT (formerly Fiber Innovation Technology), expanding its capabilities and market reach.
  • CEO Marc Ammen praised FIT's achievements and plans to boost its production capacity.
  • FIT's General Manager Chris Parris sees growth opportunities under the new ownership.
  • The move strengthens Universal Fiber Systems' innovation, customer service, and industry leadership.

Known as a leader in fiber technology, FIT (formerly known as Fiber Innovation Technology) is now a part of Universal Fiber Systems. This latest investment in Johnson City, Tennessee, represents a strategic expansion of Universal Fiber Systems capabilities and commitment to innovation and customer service to our expanding global market, now serving twenty-two diverse segments.

"We're thrilled to add FIT to Universal Fiber Systems! I've long admired FIT and am impressed with what Chris Parris and his team have accomplished," said Marc Ammen, CEO of Universal Fiber Systems. "We will be supporting FIT by expanding its production capacity in the very near future to continue advancing our market leadership."

FIT, known for its cutting-edge approach to fiber solutions, has been at the forefront of technological innovations in the industry. "FIT and I are very excited to join the Universal Fiber Systems' team," remarked Chris Parris, General Manager of FIT. "We look forward to the new growth this venture will bring, and continuing our tradition of innovation, expertise, and unparalleled customer service, now under the Universal Fiber Systems umbrella."

This acquisition underscores Universal Fiber Systems' dedication to enhancing its product offerings and service capabilities. The integration of FIT into Universal Fiber Systems not only expands its operational footprint but also enriches its technical prowess and response to market needs.

"Adding FIT's innovative capabilities and expert team to our portfolio enhances our ability to serve and respond to our customers more effectively," added Ammen. "It ensures we remain at the cutting edge of fiber technology and continue to push boundaries in the ever-evolving industries we serve."

The partnership marks a significant step in Universal Fiber Systems' strategy to lead the industry in sustainable, high-performance fiber solutions while diversifying our portfolio in fiber technology, empowering both Universal Fiber Systems and FIT to better serve global customers with enhanced products and services.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

ALCHEMPro News Desk (HU)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!