American & Efird agrees to buy Charles Craft Performance Yarns

Elevate Textiles Inc., a global provider of advanced products and mission-critical textile solutions, announced that its American & Efird (A&E) division has agreed to purchase the high-performance yarn business of Charles Craft Inc., a leading manufacturer and distributor of high-performance flame resistant/cut resistant industrial yarns and other specialty products.

The combination of these legacy brands brings together leading technical yarn expertise and expands A&E’s product offering related to thermal protection, cut-resistant and flame-retardant yarns. The purchase includes the assets of the Charles Craft manufacturing operation in Hamer, S.C., which will operate as part of the American & Efird U.S. manufacturing platform.