# Monterey Textiles Group acquires Patrick Yarns, launches FilSpec USA

Monterey Textiles Group acquired Patrick Yarns, previously part of Coats Group, and renamed the Kings Mountain, North Carolina facility as FilSpec USA.

- Type: Acquisition
- Announced: 2025-05-21
- Where: Kings Mountain, North Carolina, United States
- Status: completed
- Products: specialty technical yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Patrick Yarns](https://endata.com/companies/84713.md) (target)
- [Monterey Textiles Group](https://endata.com/companies/84886.md) (acquirer)
- [FilSpec USA](https://endata.com/companies/84887.md) (target)

## Sources

- [textileinsights.in](https://textileinsights.in/monterey-textiles-group-acquires-patrick-yarns-launches-filspec-usa/), 2025-05-21: "This strategic acquisition strengthens FilSpec’s position in North America and Europe, reinforcing its commitment to delivering high-quality, engineered yarns."

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