Craft Yarn Firm to Create 90 Jobs and Invest $9.1 Million in North Carolina
Spinrite is a leading manufacturer and marketer of craft yarns sold throughout North America. Its diverse hand-knitting product line includes brands such as Bernat, Patons, Lily Sugar n' Cream, Peaches and Crème, and Phentex.
President Ryan Newell said Beaufort Count's "talented workforce" will provide an excellent foundation for the company's further expansion and business growth.
The project was made possible in part by an $180,000 grant from the One North Carolina Fund. According to Newell, the Fund's incentives were "a key component" in Spinrite's decision to choose Washington over other alternatives.
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