Greenville-based textile weaving machine accessory manufacturer GTP Greenville Inc. has acquired the assets of Gaffney, S.C.-based Southern Loom Reed Co., a manufacturer of reeds and warp preparation equipment. Southern Loom Reed’s manufacturing operation and sales staff have relocated to GTP Greenville’s main office and plant. Henceforth, GTP Greenville — which was formed after its Belgium-based parent company, Picanol, acquired Steel Heddle Manufacturing Co. in late 2001 — will offer Southern Loom Reed’s product lines under the Steel Heddle name.

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October 2, 2007