# American & Efird to purchase Charles Craft performance yarn business

American & Efird, a division of Elevate Textiles, agreed to purchase the high-performance yarn business of Charles Craft, including its manufacturing operation in Hamer, South Carolina. The deal is expected to close in early October 2020.

- Type: Acquisition
- Announced: 2020-09-25
- Where: Hamer, South Carolina, United States
- Status: announced
- Products: flame resistant yarns, cut resistant yarns, industrial yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [American & Efird](https://endata.com/companies/30287.md) (acquirer)
- [Elevate Textiles](https://endata.com/companies/41811.md) (partner)
- [Charles Craft](https://endata.com/companies/50161.md) (target)

## Sources

- [elevatetextiles.com](https://www.elevatetextiles.com/american-efird-to-purchase-charles-craft-performance-yarns/), 2020-09-25: "We are very excited to welcome the Charles Craft high performance yarn line-up into the A&E and Elevate family of brands."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.