Standard Textile Company
| Industry | Textile |
|---|---|
| Founded | 1940 |
| Founders | Charles Heiman |
| Headquarters | , |
| Website | www.standardtextile.com |
Standard Textile Company, Inc. is a vertically integrated technology-based textile business.[1] It develops, manufactures, and distributes multiple-use textiles, including high-end luxury terry, sheets, blankets, window treatments, upholstery fabrics, uniforms, workwear, and napery.[2] The company is based in Cincinnati, Ohio,[3] and is privately held.[1] The company employs over 4,000 persons [4] and has estimated sales of $620 million.[5]
Standard Textile was founded in 1940 by Charles Heiman, a German immigrant who began a small linen distribution company in his Cincinnati apartment. His son, Paul Heiman, expanded the company across the United States.[6] Today the company is led by President and CEO Gary Heiman, and has operations in North America, Europe, the Middle East, and the Far East.[7]
Standard Textile has 24 production and distribution facilities around the world and serves more than 55 global markets.[6] It manages its own research and development operations, global manufacturing facilities, and worldwide distribution network. The company has invested heavily in clean energy, water conservation, recycling, and engineering to extend product life.[6] Standard Textile is a Disaster Responder Program member of the American Red Cross.[8]
Announced in November 2018, Standard Textile acquired the global hospitality business of Mascioni SPA of Italy, including the Mascioni Hotel Collection brand.[9]
In December 2018, Standard Textile Home, the company's first retail division launched online.[10]
Standard Textile was named a 2021 honoree in the US Best Managed Companies program, sponsored by Deloitte Private and The Wall Street Journal.[11] In June, 2022, Standard was given the distinction of 2-year honoree for receiving the award again for 2022.[12]
Sources
[edit]- ^ a b Sher, Hanan. “Technology Meets the Towel.” The Jerusalem Report. August 22, 2005.
- ^ “Standard Textile Launches Two New Products to Hotels,” USA Today Money. November 14, 2006.
- ^ Fasiq, Lisa Biank. “Tucking into New Land: Standard Textile taking its hotel bedding, curtains East.” Cincinnati Business Courier. April 20, 2007.
- ^ Holthaus, David. “A Need to Succeed in Two Lands.” The Cincinnati Enquirer. November 7, 2010.
- ^ “Recession Tested Standard Textile’s Team.” Cincinnati Business Courier. August 23, 2010. (Available at: http://www.bizjournals.com/cincinnati/stories/2010/08/23/story22.html).
- ^ a b c Chase, Linda and Kevin Eigelbach. “Bridges to Future, Cincinnati.” Cherbo Publishing Group, Inc. Encino: 2008. p. 140-141
- ^ 6. standardtextile.com (Accessed on February 1, 2011).
- ^ Cross, American Red. "For Second Year, Millions Turn to American Red Cross for Help after Record Wildfires, Hurricanes and Devastating Weather". www.prnewswire.com. Retrieved 2019-02-27.
- ^ "Standard Textile Co. acquires Italian luxury linens business | Home Textiles Today". www.hometextilestoday.com. Retrieved 2019-02-27.
- ^ "Standard Textile Home - Luxury Hotel Bedding & Towels Since 1940". Standard Textile Home. Retrieved 2019-02-27.
- ^ "US Best Managed Companies Program Names Exceptional Private Enterprises for 2021". Deloitte United States. Retrieved 2021-05-10.
- ^ "US Best Managed Companies Winners". Deloitte United States. Retrieved 2 July 2022. PDF