TEXTILES.ORG
Service Thread, an advanced manufacturer of engineered technical yarns and industrial sewing threads, announces that Sam M. Butler III has appointed Jay Todd as the new chief executive officer. Butler, his colleague and close acquaintance and former chief executive officer of the company will continue as the chairman of the board of directors of the firm.
As Operations Manager, CFO and COO, Todd led, managed and developed business strategy for Service Thread’s 130-member workforce. During his almost 24-year tenure at Service Thread, the company grew from 32 employees and 30,000 square feet to 130 employees with two operating locations in Scotland County totaling 225,000 square feet.