Panaz USA, headquartered in Florida, has been designing, manufacturing, and selling technical fabrics and performance textiles for more than 30 years. Specializing in the hospitality and health care sectors, Panaz’s high-quality fabrics must meet the highest performance standards when it comes to flame retardancy, antimicrobial properties, endurance, use of work, and more.
Panaz’s General Manager, John Logus, has been in the industry for more than 40 years and came out of retirement seven years ago to work with Panaz. In that time, he has helped grow Panaz USA into a major profit-maker for parent company Panaz Holdings Limited.
That holds today, even as the fallout from the Covid-19 pandemic continues to shake the industry. Logus considers this to be one of the most difficult times the company has ever faced. Allianz Trade’s support and “accurate, non-biased, proactive financial information,” Logus says, has been “invaluable” to the company’s profitability during these turbulent times.