A & E Acquires Synthetic Assets
American & Efird Inc. (A & E), a Mount Holly, N.C.-based sewing thread manufacturer serving
industrial and consumer markets, has purchased certain assets of the thread and specialty yarn
business of Bethlehem, Pa.-based Synthetic Thread Co. Inc. The assets include Synthetics customer
base and intellectual property, as well as certain machinery and equipment. A & E plans to
expand Synthetics industrial and specialty engineered yarn product lines including custom-designed
yarns for binding, braiding, ripcords, markers and other wire and cable applications and integrate
them with its own product offerings, according to Craig Stover, CFO, A & E.