Champion Thread Company (CTC), Gastonia, N.C., has acquired Carolina Sales Thread Inc., a regional distributor serving the needle trades. The acquisition aligns with CTC’s strategic growth plan and expands its customer base.
“This is a significant step in our strategic growth plan that will allow us to deliver greater value to all current and future customers,” said CTC President and CEO Matt Poovey. “Former Carolina Sales customers will significantly benefit from our responsive U.S.-based manufacturing, broad product range, and enhanced service capabilities.”
Retiring Carolina Sales Owner David Hall stated: “Our shared commitment to customer service and the USA textile industry makes this a perfect fit. It will positively impact our customers and help ensure their continued success.”
2025 Quarterly Issue II