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Unifi Purchases American Drawtech
Greensboro, N.C.–based fiber maker Unifi Inc. purchased the assets of American Drawtech from Dillon Yarn Corp. for an undisclosed amount.
The purchase includes American Drawtech’s draw winding equipment, which will help Unifi further its “mix enrichment strategy” to introduce Unifi’s Repreve recycled polyester yarns and other “premier value-added products” into the mid-tenacity flat-yarn markets.
Dillon had moved American Drawtech to its manufacturing facility in Yadkinville, N.C., earlier this year.
The purchase will also bolster Unifi’s production capacity and position in the regional market, allowing the company to “expand its presence in targeted industrial and thread markets,” the company said.
