Frankl & Thomas Acquires Feil & Davidson
GREENVILLE — February 11, 2014 — Frankl & Thomas, Inc., Greenville, has purchased the assets of Feil & Davidson, Inc., Greensboro, N.C. F&D was established in 1983 and specialized in products for short-staple spinning. Its best-known products were Kanai spinning rings and wire, as well as Spindlefabrik Neudorf spindles and Yamauchi spinning aprons.
F&T President Al Thomas said the inventory of F&D has been shipped to the new Warehouse B in Greenville, and that all F&D shipments are now made from Greenville. Thomas went on to say that “there is a renaissance in American short-staple spinning. Feil & Davidson had a commanding position serving American short-staple spinning plants. At least five new plants are under construction or have final plans. We are pleased to be in a position to better serve the short-staple segment of the American textile industry”.
Founded in 1946, F&T is active in replacement parts and accessories for modern weaving machines, long-staple spinning, synthetic fiber production and nonwovens.
Posted February 11, 2014