Industrial thread manufacturer Coats has completed the opening of its series of three Innovation Hubs around the world, which will enable to company to collaborate more closely with customers, brands, suppliers, universities and start-ups.

Today (4 April) the group’s CEO Rajiv Sharma officially opened the new EMEA site in Bursa, Turkey, following the opening of its Asian counterpart in Shenzhen, China, last week. The Coats Innovation Hub – America, the first of the series, is in North Carolina and opened in October 2018.

The dedicated centres are aimed at developing pioneering new products and processes in apparel and footwear and hi-tech products for end uses in automotive, oil and gas, protective wear and telecommunications. They are designed to provide “creative and inspiring spaces” where an innovative idea can be developed collaboratively and rapidly worked up into a prototype design which is then manufactured in a stand-alone pilot factory.

Each of the Coats Innovation Hubs has distinct areas of focus, with China due to concentrate on creating a sustainable product portfolio in apparel and footwear. Bursa, meanwhile, is at the centre of the automotive industry in Turkey but will also be key to developing products that take personal protection garments to the next level in terms of comfort, fit, look and safety.

“Coats is a pioneering company and innovation is crucial to our success,” explains Sharma. “To help structure our approach to innovation we are developing Innovation Hubs at key locations around the world. These are centres of excellence where we can develop new and potentially industry disrupting ideas. Our EMEA and Asia Hubs coming online is an exciting step in our new approach.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Coats adds it expects the two latest Hubs will follow the success of the one in America, which has been in “constant use” since opening and has collaboration partner meetings booked six months in advance. 

Coats’ new sustainability strategy released last month saw the company set out seven “ambitious” targets for 2022 across five priority areas in order to accelerate the company’s progress towards a more sustainable future.