Malden Mills has been in business for 97 years. There wide selection of products demonstrates that technology creates the backbone for Malden Mills Industries, Inc. They have revolutionized the market with over 180 types of fabrics. They are best known for the revolutionary craftsman ship in their products. Polartec and Polarfleece fabrics, in addition to upholstery fabrics are what Malden Mills is known for. The fabric is designed and tested to support the temperatures as cold as the Artic as well as adapting to the warmth of the sun. This shows their ability to expand their visions to not only make a product, but also one that can be used around the world (Malden Mills).
What makes them so competitive is they realize that technology is the only way to maintain their existing customers as well as gain new ones. Throughout the 97 years Malden Mills has saw how new advancements in technology has required its business as well as others to adapt new ideas. By utilizing technology both in product as well as production a state of the art production facility was designed which in return increased its production by 30%. Along with this design there was room for additional upgrades with both technology and work area that will accommodate expansion. What made it so effective were the little changes such as larger dock areas for shipping and receiving, larger work bays to accommodate new machinery that increases production, eliminating air conditioning and using state of the art insulation elements on the building exterior,.
Installing a condensation control that stabilizes the manufacturing process etc. These are some of the technologic changes Malden Mills has used to establish a competitive, profitable future for the company and its employees Malden Mills).
Innovation.
Malden Mills recognized in order to stay in business innovative tactics needed to be adopted being the company was on the verge of going out of business on December 11, 1995.