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National Spinning Acquires Carolina Nonwovens

National Spinning Co. Inc., Washington, N.C., has acquired Carolina Nonwovens Corp., Lincolnton, N.C., a manufacturer of airlaid and thermobonded products for automotive, bedding, foam replacement, furniture, geotextile and insulation applications.

National Spinning, founded in 1921, is an employee-owned producer and distributor of man-made-fiber dyed and natural yarns for a range of end-uses, and operates five manufacturing facilities in North Carolina. Through its Hampton Art LLC division, it has a presence in the growing consumer craft products and scrapbooking markets. In December 2011, the company sold certain assets of its Caron International craft division to Canada-based craft yarn manufacturer and distributor Spinrite LP. According to National Spinning President and CEO James W. Chesnutt, National Spinning will continue to manufacture yarn for Spinrite, which will finish and distribute the yarn from a facility it is refurbishing in Washington.

Established in 2006, Carolina Nonwovens is now operating as a wholly owned division of National Spinning under the name Carolina Nonwovens LLC. The company has hired Ed Hull as operations manager of its new division. Hull brings an extensive background in the automotive industry to his new position.

Greg Gerald continues to be responsible for sales at Carolina Nonwovens. Currently, the division has about 15 employees and produces durable nonwoven fabrics using natural, man-made and recycled fibers. Chesnutt said there are plans to install another line, possibly a needlepunch line, at the 75,000-square-foot Lincolnton facility.

"We're excited to enter another part of the textile business," Chesnutt said, noting that National Spinning had been looking at other textile opportunities in the Piedmont region for some time and felt that Carolina Nonwovens would fit well strategically with the company's other businesses. "While it is not our core business, it is fiber, and after being in the fiber business for 91 years, we understand fiber," he added.

May/June 2012

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