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Private equity firm LongWater Opportunities acquired Fox River Mills, a 116-year-old sock manufacturer, from the Lessard family. Fox River will become a division of Standard Merchandising Co., a domestic manufacturer of socks and hosiery products acquired by LongWater in December 2015.
“We knew it was important to find a partner that believed in U.S. manufacturing and investing in the people and the community.”textileworld.com
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