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A&E Purchases Charles Craft Performance Yarns

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Elevate Textiles Inc. said its American & Efird (A&E) division has agreed to purchase the high-performance yarn business of Charles Craft Inc., a manufacturer and distributor of high-performance flame-resistant and cut-resistant industrial yarns. The purchase, which is expected to close in early October, brings together two of the leading technical yarn firms and expands A&E’s…

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