Coats invests $5 million in Israeli thread-dyeing start-up

04/12/2018

Industrial thread manufacturer Coats has become a strategic investor in Twine Solutions, an Israeli based technology start-up that has developed a digital thread-dyeing system. Coats is investing $5m for a 9.5% share in the company and a seat on the board. Twine has created a standalone digital thread-dyeing system that applies the features of...