NEW YORK — A team of textile executives headed by Texfi’s Andrew Parise last month bought the defunct United Piece Dye Works plant in Edenton, N.C.,and have reopened it under the name Edenton Dyeing & Finishing. The plant will do contract finishing work for U.S. converters, as well as dye fabrics for Texfi.

A group of investors affiliated with Texfi Marketing and NRB Industries Inc., which last year bought the Texfi name and marketing operation out of bankruptcy, purchased the plant through an investment vehicle called Jasco Acquisitions Corp. for an undisclosed sum. Jasco Acquisition is not related to New York converter Jasco Fabrics.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus