Shawmut LLC acquires Fairystone Fabrics, forms Shawmut Infinite

Shawmut LLC acquired Fairystone Fabrics through newly formed affiliate Shawmut Infinite, which will operate in Burlington, N.C. Shawmut Infinite plans to invest $8 million over 24 months to retrofit the facility with advanced knitting and warping systems.

“The Fairystone acquisition marks the realization of Shawmut's long-standing vision for operating a fully integrated textile and textile composite supply chain in North America.”textileworld.com

• 2 sources
• textileworld.comShawmut Corp Acquires Fairystone Fabrics; Creates New High-Tech Knitting Firm Shawmut Infinite | Textile WorldJim BornemanSep 10, 2024
• shawmutinfinite.comShawmut Creates New High-Tech Knitting Firm, Shawmut Infinite - Shawmut InfiniteshawmutinfinitOct 25, 2024

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