CHARLOTTE, N.C. — March 31, 2021 — Stein Fibers, Ltd. is pleased to announce the acquisition of J. E. Herndon Co., previously based in Kings Mountain, N.C.
Established in 1928, J. E. Herndon specializes in the purchase and processing of textile mill fibers and by-products. Herndon’s finished blends are consumed globally in diverse applications such as industrial yarns and banknote paper.
Patrick Mullen, J. E. Herndon president and owner, has joined the Stein Fibers sales and marketing team, based in Charlotte, N.C.
According to Chip Stein: “The diversification and opportunities that J. E. Herndon will bring to our business will complement our core focus, as well as those brought by our recent acquisition of Consolidated Textiles. We are fortunate to have such well respected and successful businesses as a part of Stein Fibers.”
Posted April 1, 2021
Source: Stein Fibers, Ltd.