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    Spinrite Lp

    Spinrite LP is North America’s largest marketer and manufacturer of craft yarns and threads, serving retail and wholesale customers with a diverse portfolio of brands and innovative product offerings.

    Company Overview

    Spinrite LP is a leading craft company specializing in the research, development, manufacturing, and marketing of consumer craft yarns and threads. With operations spanning North America, Spinrite is recognized for its strong brand portfolio and industry-leading design and digital marketing capabilities. The company serves a broad customer base through mass merchants, specialty craft chains, independent retailers, and direct-to-consumer channels.

    Key Metrics

    400

    Import Shipments

    3

    Distribution Centers

    250.0M

    Annual Revenue

    1952

    Founded

    Company Profile

    Key Milestones

    Important company milestones and achievements.

    Markets Served

    Geographic markets and customer segments served.

    Ownership Structure

    Corporate ownership and organizational structure.

    Sales Channels

    Distribution networks and sales approaches.

    Recent Developments

    Spinrite LP has recently focused on expanding its digital presence, introducing new product lines, and integrating acquired brands to strengthen its leadership in the North American craft yarn market.

    Strategic Expansion

    Acquisition and integration of major North American craft brands, including Red Heart and Coats & Clark.

    Market Expansion

    Strategic efforts to expand market presence and reach new customer segments.

    Technology Adoption

    Implementation of advanced technologies to improve service delivery and customer experience.

    Business Information

    Spinrite LP, founded in 1952 and headquartered in Listowel, Ontario, is the largest producer and marketer of craft yarns in North America. The company manufactures and distributes a wide range of branded and private label yarns, including well-known names such as Bernat, Caron, Lily, Peaches & Crème, Patons, and Phentex. Spinrite operates fully integrated manufacturing and distribution centers in both Canada and the United States, supporting a workforce of over 500 employees. Its products are available through major mass merchants, specialty craft stores, independent retailers, and online platforms, including its own Yarnspirations ecommerce site.

    Headquarters

    Listowel, Ontario, Canada

    Founded

    1952

    Stock Symbol

    Private company