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Elevate Textiles owns textile brands including American & Efird, Burlington, Cone Denim, Gütermann and Safety Components. Its global headquarters are in Charlotte, North Carolina. The company was founded by Wilbur Ross and was sold to Platinum Equity in 2016. In 2019, the company changed its name from International Textile Group to Elevate ...
Unifi specializes in synthetic textile products from plastic bottles and textile waste. [9] It processes collected recyclable PET plastic at its facility in Reidsville into chips. The plastic chips are processed into Unifi's proprietary REPREVE yarn at a plant in Yadkinville and then are returned to the Reidsville facility and dyed before being ...
Acme Mills Company is a privately held textiles conversion and finishing company based in Bloomfield Hills, Michigan. Founded in 1917, it is now part of the Acme Group. Activities of the company include cutting, sewing, dyeing, and also applying textile finishing to fabrics.
In 2004 WL Ross & Co acquired Cone Mills and merged it with Burlington Industries to create the International Textile Group. [41] [2] The White Oak Mill was closed in 2017. [42] International Textile Group transformed into Elevate Textiles, a property of Platinum Equity, in January 2019, remaining the parent corporation of Cone Denim. [43]
A Burlington Sock (in the mid-1990s) On November 6, 1923 J. Spencer Love founded a textile corporation in Burlington, North Carolina. [1] [2] Love and his father brought $50,000 worth in machinery from a factory they had sold in Gastonia to Burlington, and also invested $200,000 that they had earned from the sale of the Gastonia plant, as well as selling an additional $200,000 worth of stock ...
The mills were operated solely in Alabama until Donald Comer released control of Avondale Mills to his brother-in-law, Craig Smith, who helped expand the mills into both Georgia and South Carolina. Walton Monroe Mills Inc. purchased Avondale Mills in 1986. In 1995, the owning firm acquired the textile operations of the Graniteville Company.