Home / Knowledge / News / Textiles / American Woolen buys Loro Piana's Stafford textile unit
American Woolen buys Loro Piana's Stafford textile unit
25
Jul '14
American Woolen Company (“American Woolen”) announced the acquisition of Loro Piana’s Warren of Stafford textile manufacturing facilities located in Stafford Springs, Connecticut. American Woolen, a company with a rich history of craftsmanship and manufacturing excellence, will own and operate the worsted and woolen manufacturing complex. This transaction represents an important milestone in preserving the textile manufacturing heritage of eastern Connecticut.
 
American Woolen’s roots date back to the first half of the 20th century when it was America’s worsted and woolen apparel fabric leader, manufacturing in over sixty wool mills located throughout the Northeast. In 2013 the company was acquired by Jacob Harrison Long, an American entrepreneur, with the goal of reintroducing the concept of premium apparel textile manufacturing to the American market. 
 
Jacob Harrison Long said, “We look forward to continuing the tradition at Warren, leveraging the facility’s state-of-the-art manufacturing infrastructure to create a product that satisfies consumers’ increasing desire for American-made luxury, quality, and authenticity. American Woolen will replicate the European approach to textile manufacturing, delivering a collection of exclusive, all American-made worsted and woolen apparel fabrics.” 
 
Stafford Springs’ only surviving textile mill, Warren of Stafford in 1988 became a subsidiary of Loro Piana, which invested in technology to create a top-of-the-line manufacturing facility.  Loro Piana said it is grateful to have found a solution that will enable Warren of Stafford to continue to be a source of textile manufacturing and employment in the state of Connecticut.
 
Congressman Joe Courtney of Connecticut, an important supporter of the Warren of Stafford business who was instrumental in supporting the transaction, said, “This agreement to restart Warren Mills is the result of a dogged and determined effort by all parties, who refused to let this pillar of New England manufacturing disappear. It has been an honor to work with both Loro Piana and Jacob Long to overcome challenges and make this day a reality. Without question, the real heroes of this story are the working men and women of Warren Mills whose special talents have made the mill so irreplaceable.”
 
About Jacob Harrison Long
Jacob Harrison Long leads the American Woolen Company management team. Before moving into textile manufacturing, Jacob spent 20 years as a Europe-based investment banker. While working in Italy from 2006 to 2012, he developed extensive contacts in – as well as a deep appreciation for – the Italian textile and apparel industry with its focus on product quality and luxury versus the large-scale, commodity-oriented manufacturing that typifies the U.S. textile industry. He acquired the assets of American Woolen Company with the aim to replicate the European approach to textile manufacturing in the United States.
 

American Woolen Company


Must ReadView All

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Strong exports, consumption fuel growth in Asia: ADB

Textiles | On 16th Dec 2017

Strong exports, consumption fuel growth in Asia: ADB

Economic expansion in developing Asia is likely to accelerate to 6...

Nomura  foresees 7.5% GDP growth for India in 2018

Textiles | On 16th Dec 2017

Nomura foresees 7.5% GDP growth for India in 2018

India's economy is on the cusp of a cyclical recovery and will...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Top executives
Textile & apparel bodies

The decision is transformational

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Urmil Arya

Sushila International, a well established textile organisation established ...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search