American & Efird to purchase thread maker

June 22nd, 2016

American & Efird, Mount Holly, N.C., the largest U.S. manufacturer of industrial and consumer thread, embroidery thread and technical textiles, is acquiring a majority ownership of India’s largest thread maker, Vardhman Yarns and Threads Ltd. from its joint-venture partner, Vardhman Textiles Ltd. When the purchase is complete, American & Efird will own 89 percent of […]

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