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  4. A&E: Acquisition of Charles Craft Performance Yarns

A&E
Acquisition of Charles Craft Performance Yarns

28.09.2020 The manufacturer of sewing and embroidery threads and technical textiles, American & Efird LLC (A&E), Mt. Holly, NC/USA, a division of the provider of advanced textile solutions, Elevate Textiles Inc., Greensboro, NC/USA, will purchase the high performance yarn business of Charles Craft, Inc., Laurinburg, NC/USA.

© Photo: Charles Craft
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A leading manufacturer and distributor of high-performance flame resistant/cut resistant industrial yarns and other specialty products, Charles Craft is a respected brand in the industry in the safety apparel markets. The acquisition includes the assets of the Charles Craft manufacturing operation in Hamer, SC/USA, which will operate as part of the A&E US manufacturing platform.
Frank Buie, Vice President of Sales for Charles Craft, will join A&E as part of the sales management team. The purchase is expected to close in early October 2020.
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