Electro textile developer Textronics spins off from INVISTA
18 Jun '05
5 min read
The new company demonstrated a prototype under-garment that senses heart rate and respiration at an international conference in Barcelona earlier this year.
"Textronics has the opportunity to revolutionize and functionalize the textile industry,” said Peter Grubstein, NGEN managing partner. “It has an extremely capable management team with a proven track record of launching fabric innovations into major consumer textile markets. Textronics has the capability to take electronic textiles into apparel, home and transportation markets to address consumer desire for wellness, convenience and connectivity."
The Textronics management team is led by CEO Stacey Burr, who brings extensive experience in the apparel industry. Burr has filled senior positions in business development, marketing, technology and operations at DuPont, including leadership of the North American ready to wear sector of the Lycra spandex business. Chief Business Development Officer Dr. Qaizar Hassonjee, also a former INVISTA manager, brings specialist knowledge of textile development, supply chains and global markets. Other executives have expertise in target market sectors such as biomedical, military and automotive.
Serving on the Board of Directors for Textronics are Stacey Burr, Peter Grubstein of NGEN, Jim DiAndreth of INVISTA, and George Abraham, a partner in SAS Investors.
Textronics is a developer and provider of electro-textiles or “e-textiles,” which arJim DiAndreth of INVISTA, and George Abraham, a partner in SAS Investors.
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