Greenblatt Buys Guilford Plant
New York-based converter H. Greenblatt & Co. has purchased a print plant from Greensboro, N.C.-based Guilford Mills for an undisclosed sum.
H. Greenblatt also purchased Guilford’s converting business, screen library, copyrights, artwork and other assets.
Employees of the Twin Rivers Textile Printing LLC in Schenectady, N.Y., will continue in their positions, according to Howard Greenblatt, owner of H. Greenblatt.
Guilford, which filed for bankruptcy protection in March, previously struck a deal with Greenblatt allowing the company to become the exclusive converter of Guilford’s swim and intimate-apparel print business.
