As people wrestled with the boredom and anxiety of quarantine, more than 38 million Americans turned to knitting. A full 20% of them were first-time knitters and I was among them, painstakingly trying ...

More than 100 people are out of work after a decades-old yarn company shuttered its flagship manufacturing facility in Listowel, Ont. on Friday. Spinrite, which opened in 1952 in the municipality of ...

North Carolina-based Spinrite Yarns has issued a recall of several types of Bernat brand “Tizzy” style yarn because of a possible strangulation hazard. The yarn, once crocheted or knitted into a ...

TORONTO, Oct. 9, 2015 /CNW/ – TorQuest Partners (“TorQuest”), a leading Canadian-based manager of private equity funds, today announced the purchase of Spinrite LP (“Spinrite” or the “Company”), the ...

TorQuest Partners has sold Canadian yarn business Spinrite, capping an especially busy season of exits and acquisitions for the private equity firm. The Toronto investor today announced the sale of ...

The investor-friendly "go shop" clause is becoming standard fare in private equity takeovers of income trusts. Spinrite Income Fund, a company that has extremely unfriendly to unitholders, is the ...

In my Thursday In Stitches column on page B1 of the Courier News and the Home News Tribune, I introduce readers to Caron United yarn, a new acrylic worsted-weight yarn for which Caron, a division of ...