Ralph Jones III Becomes Majority Shareholder Of Jones Family Of Companies

The Jones Family of Companies, Humboldt, Tenn., reports Ralph Jones III, CEO and chairman of the board, is now the company’s majority shareholder. Jones represents the third generation of family leadership for the company and is excited to reinvest in the company. “Jones has been in my family for nearly nine decades,” Jones said. “It is important not just to me but to the employees and customers of this company to show my dedication to helping our Jones Family of Companies to remain industry leaders for the next generations.”

In addition, the company has expanded production capacity at a facility in Charlotte, N.C., and acquired Cades Consulting, a mechanical and engineering company providing consulting and maintenance services to the textile industry.

“Bringing Cades on board will dramatically increase our services to the nonwovens industry,” Jones noted.“We now have the ability to not only grow our own business, but also provide support services to other nonwovens manufacturers across the U.S.”

March/April 2024