Investment in US manufacturing platform
A&E currently operates 5 manufacturing facilities and its division offices in Gaston County, NC/USA, which comprise the vast majority of the US platform and are a critical part of A&E’s overall global manufacturing footprint. The company’s manufacturing capabilities are completely vertical from raw cotton and other fibers through the spinning, winding, dyeing and finishing of its threads and specialty yarns. It provides superior dyeing capabilities, color matching and high-performance sustainable products. In further US investment, A&E completed the purchase of the Charles Craft high performance yarn business, which included the assets of the Charles Craft manufacturing operation in Hamer, SC/USA. This acquisition broadens A&E’s product offering related to thermal protection, cut resistant and flame retardant yarns and expands the company’s US platform and manufacturing capabilities.