ATLANTA, Oct. 21, 2008 (GLOBE NEWSWIRE) -- MFG.com today announced the debut of its new MFGtextiles.com marketplace developed specifically for the textiles industry. MFGtextiles.com is a sourcing service dedicated to buyers, purchasing professionals, and factory manufacturers of apparel, footwear, home, and commercial textiles. From samples to million piece runs, this web-based solution provides the vehicle needed for buyers to source for qualified suppliers locally or around the globe.
MFGtextiles.com intelligently connects a buyer's design and production requirements with a factory's capability and capacity, enabling textile and apparel professionals to bring designs to market more efficiently and cost effectively. MFG.com is the world's largest global online marketplace for the manufacturing community. The company's exclusive sourcing platform is the most sophisticated, time-proven method for bringing buyers and suppliers together to conduct business.
"We are launching an online sourcing platform that is truly transactional for the global textile marketplace estimated at a trillion dollars a year," said Mitch Free, CEO and Founder of MFG.com. "MFGtextiles.com has been live quietly for a few months and already over one billion dollars worth of requests for quotes have been submitted -- everyone is sourcing, from global brands, to boutique brands, to rock stars trying to launch their own clothing lines."
"Buyers can source precisely what they want.exactly when they need it. Once the Request for Quote (RFQ) is posted, factories find them. Watching the marketplace grow has been phenomenal. Over 15,000 textile buyers and factories are currently registered and active in the MFGtextiles.com marketplace," concluded Free.
Buyers and suppliers can visit www.MFGtextiles.com to learn more and register for the service.
Textiles Buyers go Transactional
MFGtextiles.com serves sourcing managers, apparel buyers, interior designers, fashion and footwear designers, and those purchasing home textiles or industrial textiles. MFGtextiles.com delivers a powerful supplier relationship management tool, expedites the sourcing process, and helps to determine market pricing. Sourcing managers and merchandisers can request quotes from suppliers online that are instantly matched to Factories with the right expertise and capacity at that exact moment in time. The new service supports a vast array of textile categories and products. If a textile item needs to be manufactured, it can be sourced through MFG.com as well.
Textiles Suppliers Find Buyer Opportunities
MFGtextiles.com provides Textile Suppliers of both "cut & sew" and "raw materials" with direct access to global buyers with an immediate need for custom manufacturing services. The web-based technology allows Factories to specify what types of jobs they are interested in, and helps match their expertise with ideal buyer opportunities. Each Supplier member of MFGtextiles.com gets a multi-media dynamic web page that allows factories to promote their business.
About MFG.com
MFG.com is the Internet based platform upon which the global manufacturing industry conducts business. MFG.com's open platform enables companies of all sizes from around the globe to intelligently connect, source, collaborate and perform due diligence with transparency and intellectual property protection. The MFG.com platform supports virtually all manufacturing process and industrial components, is in 10 languages, 12 currencies and has over 100,000 users on five continents. MFG.com has offices in North America, Europe and Asia. For more information about MFG.com, please visit, www.MFG.com.
The MFG.com, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5174
Link to press release: http://marketing.mfg.com/textiles/MFGtextilesPressrelease-final-10-21-08.doc