By  on July 28, 2009

NEW YORK — The challenges of the global recession presented an opportunity for organizers of the SpinExpo yarn fair, which made its debut here last week.

More than 60 mills from 16 countries set up at the Metropolitan Pavilion for three days starting July 22 in what is believed to have been the first yarn fair here in more than five years. Mill executives and sales representatives said the economic downturn reduced attendance of U.S. buyers at European yarn fairs, making the return of a New York show more appealing. Exhibitors found it beneficial to meet with clients who have seen their travel budgets slashed and were on the hunt to connect with new, smaller companies to bolster business.

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