New York, NY - Cotton Incorporated, the research and marketing company for U.S. cotton growers, will present its innovative Engineered Fiber Selection® (EFS®) System software at the first EFS Conference to be held in China, from April 10 through April 12, 2006 at the Regent Hotel in Shanghai.
Introduced to U.S. manufacturers in 1982, the EFS system is a group of programs that, through the use of High Volume Instrument (HVI) data, provides authoritative cotton management and analysis information, as well as electronic communication between and among mills, ginners, producers and merchants.
J. Berrye Worsham, President and Chief Executive Officer of Cotton Incorporated, states, “Since its introduction, the EFS System has evolved from an innovative concept to an industry standard in the United States and Europe.” Nearly 50% of China’s cotton imports over the past decade have been of U.S. origin. “China is clearly a good customer of U.S cotton, and sharing our EFS technology with them benefits the entire supply chain,” explains Worsham.
The three-day conference will provide attendees from the four major segments of the cotton industry---growers, ginners, merchants and mills---with an in-depth look at state-of-the-art fiber management.
Included in the conference will be the MILLNet™ software, which allows cotton buyers and manufacturers to effectively utilize the HVI data on each bale of U.S. cotton. “MILLNet has proved to be a valuable tool in managing cotton acquisition, warehousing and mix selection,” says Charles Chewning, Cotton Incorporated Vice President, Fiber Management Research. “In addition, the software enhances a manufacturer’s cotton-related profits by selecting cotton inventory that is most appropriate for each customer’s end product.”
Over the past 25 years, the EFS System programs have grown in popularity and are currently used by nearly all cotton spinning mills in the U.S. and a total of 29 mills in Europe, Canada, Mexico and Asia. In October of last year, a Chinese textile mill became the first in that country to adopt the MILLNet software.
Cotton Incorporated, funded by U.S. growers of upland cotton and importers of cotton and cotton textile products, is the research and marketing company representing upland cotton. The Program is designed and operated to improve the demand for and profitability of cotton.