National Spinning Company
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National Spinning Company - overview
Established
1921
Location
Washington, NC, US
Primary Industry
Materials
About
National Spinning Company is a producer of high-quality yarns and nonwoven materials, serving diverse sectors such as industrial, government, and consumer markets through innovative manufacturing processes. Founded in 1921 in Washington, US, National Spinning Company specializes in yarn and nonwoven material production. The firm has expanded from its original focus on wool spinning to include engineered products. Jim Booterbaugh currently serves as CEO.
National Spinning Co. specializes in the production of a diverse range of yarns and nonwoven materials, catering to various industries including industrial, government, and consumer sectors. The company's core offerings initially focused on wool spinning but have since expanded significantly to include a broad spectrum of engineered products. The addition of the nonwoven division, established in 2012 through the acquisition of Carolina Nonwovens, has positioned the firm as a leader in this market segment, providing innovative solutions for applications in hygiene, filtration, and geotextiles, among others.
National Spinning actively serves customers across the United States, with a growing presence in the Midwest following the upcoming expansion to Fostoria, Ohio. The company’s clientele includes manufacturers, retailers, and government agencies, all seeking high-quality materials for a range of end-use applications. National Spinning Co. 's revenue structure is built around B2B transactions, with a significant focus on partnerships and direct sales to various industrial clients.
The firm engages in contractual agreements with its customers, where products are supplied based on specific requirements and volume needs, leading to repeat business relationships. The sales process involves customized pricing plans that reflect the scale and complexity of the orders, particularly for its flagship nonwoven products, which are tailored for specific applications. This transactional model supports a steady revenue stream, as clients rely on National Spinning for consistent quality and timely delivery of materials essential for their manufacturing processes. The company’s reputation for reliability and innovation further enhances its market position, contributing to its financial stability.
Primary Industry
Materials
Sub Industries
Textiles
Website
www.natspin.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
National Spinning Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Caron International | - |
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