Related Keywords: craft knitting yarns, global Apparel and Footwear, Industrial thread manufacturer, Performance Materials, private label products
Coats Sells North America Crafts Business. The sale includes the well known Crafts brands Red Heart, Coats & Clark, Aunt Lydia and Susan Bates. Anchor, Dual Duty XP and J&P Coats will be licensed for varying terms. Around 560 North America Crafts employees, will become part of Spinrite. The manufacturing site and distribution center in Albany, and the sites in Toccoa and Douglas will transfer to Spinrite ownership.
