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Kraemer Hosiery Mills was founded in 1887 by Henry Kraemer and became a leading women's silk hosiery manufacturer. In 1907, the company was purchased by the Schmidt family, and ownership has remained in the family for multiple generations. The Kraemer name was retained as it was established in the marketplace, and became known as Kraemer Textiles.
By 1996, it operated 20 mills, and that year Fortune listed Unifi as the best American textile company. [1] In the 1990s the American textile industry faced rapidly growing competition from Asian companies' cheaper products. Many American fabric-weaving companies which Unifi sold its yarns to went bankrupt. The company reacted by cutting costs ...
A Burlington Sock (in the mid-1990s) On November 6, 1923 J. Spencer Love founded a textile corporation in Burlington, North Carolina. [1] [2] Love and his father brought to Burlington $50,000 worth of machinery from a factory they had sold in Gastonia, NC, and also invested $200,000 that they had earned from the sale of the Gastonia plant, as well as selling an additional $200,000 worth of ...
In 1887 brothers Moses H. and Caesar Cone began investing in textile mills in North Carolina. In 1891 they incorporated the Cone Export & Commission Company in New Jersey to broker Southern textile products in the North. [1] Within several years the broker was trading products from almost 90 percent of all Southern textile mill owners. [2]
The new mill no longer needed water power, but instead used steam engines to power generators. The mill made only yarn until 1893 when they began to produce fabrics as well. That was the year that they made the first Chatham Blanket. In 1895 the company started making wool suiting fabric and brought a tailor from New York to make suits. [2]
The 228,480 shares were sold to the public. In 1949, the company passed into the control of the Monsanto Corporation. (Courtaulds resumed manufacture of rayon in the United States in 1952, at a new plant in Axis, Alabama). [4] In 1963 it was purchased by FMC Corporation. In 1974 the plant in Parkersburg, West Virginia was closed. FMC sold off ...
The company sells a variety of yarns, from 100% natural fibers including cotton, cashmere, alpaca, wool, bamboo, linen, and yak; to blends; and 100% acrylics in a variety of weights. Lion Brand also uses many other semi-synthetic fibers in their yarns such as amicor, lyocell, polyamide, polyester, rayon, modal, tencel, and viscose, to fully ...