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Shawmut Establishes Shawmut Infinite, Acquires Fairystone

Summary by textileworld.com
Shawmut Infinite, a newly created affiliate of Shawmut LLC, West Bridgewater, Mass., recently acquired warp knitter Fairystone Fabrics, Burlington, N.C. Shawmut Infinite plans to continue Fairystone’s contract knitting and warping service operation in Burlington retaining both the management team and 100-percent of the work-force. Over the next two years, Shawmut plans to invest $8 million to retrofit the facility with new, digitally controlled …
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