American & Efird Inc. (A & E), a Mount Holly, N.C.-based manufacturer of industrial
and consumer sewing thread, has purchased certain assets of Ludlow, Mass.-based Ludlow Textiles Co.
Inc.’s thread and specialty yarn business for an undisclosed purchase price.
Founded in 1868, Ludlow had sales in 2004 totaling approximately $13 million and employs more
than 100 people. The sale of assets to A & E comes in conjunction with Ludlow’s
announcement that it will cease all operations over the next year. Operations acquired by
A & E will be transitioned into its own manufacturing operations over the same period.
“Our number-one priority is to support the many Ludlow customers that we will gain as a result of
this transaction,” said Fred A. Jackson, president, A & E. We will continue to offer the
products they are currently buying and provide the customer services they require.”
Ludlow’s product line includes threads, yarns, cords, twines and tapes used primarily by