AEC Narrow Fabrics completes US fabric producer - sportstextiles: Lea SportsTextiles

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AEC Narrow Fabrics completes US fabric producer acquisition

24/09/2014
AEC Narrow Fabrics (AEC) has completed the purchase of Narricot Industries, a unit of International Textile Group. The sale includes the Narricot plant facilities in Boykins, Virginia and Murfreesboro, North Carolina, equipment and current inventories in those locations, and all Narricot products and certain intellectual properties of the business. In addition, all Narricot employees will transfer to AEC to become employees of AEC Narrow Fabrics.

Established in 1898, Narricot is a producer of woven narrow fabrics for military, fire,  safety, rescue, automotive, industrial and recreational use.

On announcing the news, Larry Himes, AEC Narrow Fabrics’ chief executive, commented: “Narricot’s strengths in the military, automotive, fire and safety, fall protection and industrial markets complement AEC’s work in these markets and our products for the apparel, medical, bedding, and home furnishings industry.  We believe the combination of these companies will serve to strengthen both as we leverage our technologies, product expertise and production capabilities across a more diverse range of markets and end uses.”





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