The fast-growing manufacturer of industrial sewing threads, engineered yarns, and other textile and sewn products supplies is celebrating 45 Years of Service to the Textile and Sewn Products Industries.
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GASTONIA, NC – January 30, 2024 – Champion Thread Company® (CTC), a leading provider of industrial sewing threads, engineered yarns, and other textile and sewn products accessories, is celebrating 45 Years of Service to the Textile and Sewn Products Industries.
Thanks to a loyal and fast-growing customer base, CTC has expanded from its roots as a small thread distributor into a developer, manufacturer, and marketer of a wide range of products and solutions sold on four continents.
“For 45 years, we have demonstrated unwavering commitment to excellence and dedication to our customers,” said CTC President Matt Poovey. “Since our founding, we have remained family-owned and operated, taking pride in offering the highest quality goods, competitive prices, and unmatched industry expertise. Champion Thread’s longevity in the market can be attributed to our ability to adapt and innovate while always staying true to our core values. Our understanding of the industry has allowed us to consistently deliver superior products that meet the ever-evolving needs of our customers.”
Some of CTC’s significant milestones include:
1979 – Founded by current CEO Bob Poovey
1999 – Moved/expanded corporate office
2007 – Strategic thread manufacturer acquisition
2009 – Started engineered yarn business
2011 – Opened state-of-the-art flexible manufacturing facility
2014 – Expanded and opened current HQ location
2016 – Matt Poovey promoted to President
2018 – Opened new warehouse/distribution facility
2019 – Celebrated 40 years of industry service
2020 – Jim Lee promoted to Vice President of Sales
2021 – Launched Renu™ line of 100% recycled thread
2023 – Opened new South Carolina dyehouse
2024 – Celebrating 45 years in business
The company recently reported “steady” growth in market share in 2023, primarily the result of the company’s multi-year initiatives to bolster lean, flexible manufacturing operations and investments in the domestic workforce and supply chain. They also expressed optimism for increased market demand for their products and plans for continued investment in new product development, production and service teams, and customer service levels in 2024.
To learn more about CTC, phone (704) 867-6611 or visit championthread.com.