Milliken & Company

Spartanburg, United States Founded: 1865 • Age: 161 yrs Acquired By ClockSpring|NRI
Design and consulting services are provided to the manufacturing industry.

About Milliken & Company

Milliken & Company is an Industrial Goods & Manufacturing company based in Spartanburg (United States) founded in 1865 by William Deering and Seth Milliken, and was acquired by ClockSpring|NRI in June 2019. Design and consulting services are provided to the manufacturing industry. It operates on a Direct-to-Consumer (D2C), Professional Services, and B2B2C model. Milliken & Company has completed 11 acquisitions, including Andover Healthcare, Borchers and Constantine Carpet. Its website milliken.com draws about 129 thousand monthly visits. Its Indian entity Milliken Chemical And Textile (India) Co. Private Limited reported revenue of β‚Ή323 Cr. Milliken & Company offers products and services including Textile Solutions, Chemical Additives, Floor Coverings, Healthcare Products, and Consulting Services. Its focus areas include Manufacturing, Textiles, Performance Fabrics and Chemicals.

Company details

Milliken Company is engaged in manufacturing across multiple sectors including textiles, chemicals, flooring, and healthcare. Innovative solutions are developed for industries such as automotive, healthcare, and construction. Sustainable products are prioritized to create a positive impact. Various markets are served with specialized materials and consulting services to enhance operational excellence. Global presence is maintained through diverse business units.

  • Headquarters Spartanburg, United States
  • Founders William Deering, Seth Milliken
  • Stage Acquired
  • Sectors
    Industrial Goods & Manufacturing
  • Website category Business and Consumer Services · Textiles
  • Website milliken.com/en-us
  • Social LinkedIn X Facebook Instagram
  • Acquired by ClockSpring|NRI (Jun 2019)
  • Legal Name Milliken & Company
  • Date of Incorporation 18 Jan, 2008
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹323 Cr

    FY 2025 · +23% YoY

  • Indian entity net profit
    ₹20.31 Cr

    FY 2025 · 6% margin

  • Indian entity EBITDA
    ₹28.82 Cr

    FY 2025 · 9% margin

  • Latest Funding Round
    $2.02M (USD), Grant

    Sep 2010

  • Investors
    NCO Group

    & 2 more

  • Investments & Acquisitions
  • Acquired by
    ClockSpring|NRI

    & 1 more

    (Jun 2019)

Products & Services of Milliken & Company

Milliken & Company offers a comprehensive portfolio of products and services, including Textile Solutions, Chemical Additives, Floor Coverings, Healthcare Products, and Consulting Services.

Textile Solutions
Textiles

Innovative textile materials are developed for various industries.

Chemical Additives
Chemicals

Chemical additives are produced to enhance product performance.

Floor Coverings
Flooring

Flooring solutions are designed for commercial and residential use.

Healthcare Products
Healthcare

Advanced wound care products are created for medical use.

Consulting Services
Consulting

Operational excellence consulting is provided to improve manufacturing.

Funding Insights of Milliken & Company

  • Total Rounds 2
  • Last Round Grant β€” $2.02M
  • First Round $2.1M

    (Apr 2009)

  • Investors Count 1

All 2 funding rounds of Milliken Company with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2010$2.02MGrant––
Apr 2009$2.1MGrant––
Valuation history

3 investors in total: 3 institutional.

Investors in Milliken & Company

Milliken & Company has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include NCO Group, ClockSpring|NRI and Military Health.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Administers health care and support for military personnel and operations.
health.milFalls Church, United States
Pipes for construction and oil & gas industries are manufactured.
1982cs-nri.comHouston, United States
Business process outsourcing services are provided by NCO Group.
1997ncogroup.comPennsylvania Furnace, United States
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Board of directors of Milliken Chemical And Textile (India) Co. Private Limited (Milliken & Company)

Milliken Chemical And Textile (India) Co. Private Limited is the primary company behind Milliken & Company. The board of Milliken Chemical And Textile (India) Co. Private Limited currently have 3 directors; the longest-serving is Ajay Jagdish Wagle, appointed in 2013. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ajay Jagdish Wagle
DIN 06970642
Company Secretary21 Jun 201313 yrs 4 moMilliken Chemical And Textile (India) Co. Private Limited
David Nobert Smart
DIN 08760192
Director28 Jun 20206 yrs 4 moMilliken Chemical And Textile (India) Co. Private Limited
Joseph Varghese
DIN 09770335
Director25 Sep 20251 yr 1 moMilliken Chemical And Textile (India) Co. Private Limited

People of Milliken & Company

356 people are tracked at Milliken & Company (113 in leadership, 243 in team).

NameRoleGroup
William Deering
Co-FounderLeadership
Seth Milliken
Co-FounderLeadership
Vimal Patel
Director Finance TransformationLeadership
Matthew O'Malley
Director Of Customer RelationsLeadership
Tyler Blouse
Vice President, Information TechnologyLeadership
Halsey M. Cook Jr.
President/CEOLeadership
Jeff Losch
Senior Vice President & Managing Director, Polymer SolutionsLeadership
Jeff Wiersma
Vice President Of ManufacturingLeadership
Marcus Horner
Global Director Of Supply Chain & LogisticsLeadership
Keith Keller
Global Director Of Research And Development, Plastics AdditivesLeadership
Lieven Keymeulen
Global TMRG & Regional Emea-apac Advanced Reinforcement Director @ Milliken EPPLeadership
Neo Chai Teck
Regional Director - Southeast AsiaLeadership
Jeff Stafford
Vice President Automotive TextilesLeadership
Zach Rubin
Vice President Global Fp&a & TreasuryLeadership
Anna Blanton
Sr Director, HR - Organizational TransformationLeadership
Colleen Thompson
Director Of Commercial Hard Surfaces | AmericasLeadership
Jessica Hatchell
VP & Corporate ControllerLeadership
Angie Peterson
Senior Director IT - Ai, Data, Analytics & AutomationLeadership
Cindy Boiter
EVP & President, ChemicalLeadership
Allen Jacoby
EVP & President, TextileLeadership

336 more people are available in the full profile.

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Financials of Milliken & Company

Figures of Milliken Chemical And Textile (India) Co. Private Limited, the primary company behind Milliken & Company, for FY 2025. Revenue was ₹323 Cr (+23% year on year). Net profit was ₹20.31 Cr (6% margin). EBITDA was ₹28.82 Cr (9% margin). Revenue has grown at a compounded annual rate of +10% over three years and +24% over five years.

  • ₹323 CrRevenue · FY 2025 · +23% YoY
  • ₹20.31 CrNet profit · 6% margin
  • ₹28.82 CrEBITDA · 9% margin
  • ₹3.62 CrPaid-up capital
  • +10%Revenue CAGR, 3 years
  • +24%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Milliken Chemical And Textile (India) Co. Private Limited are on its company page.

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Investments & Acquisitions by Milliken & Company

Milliken & Company has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Andover Healthcare, Borchers and Constantine Carpet.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Microencapsulated phase change materials are supplied for thermal applications worldwide.
encapsys.comAppleton, United States1955Oct 2021β€’β€’β€’β€’
Manufacturer of PVC additives, polyolefins, and engineering thermoplastics
zebra-chem.comBad Bentheim, Germany2001Mar 2021β€’β€’β€’β€’
Additives for colorants and coatings are supplied by the company.
borchers.comLangenfeld, Germany1997Jan 2020β€’β€’β€’β€’
Sustainable fabrics with protective features are provided by Polartec.
polartec.comAndover, United States1906Jun 2019β€’β€’β€’β€’
Provider of products and service to healthcare, animal health, and sports medicine
andoverhealthcare.comSalisbury, United States1976Jun 2019β€’β€’β€’β€’
Manufacturer of dyes, pigments, pigment dispersions, and polymers
dyes.comChicago, United States1996Apr 2017β€’β€’β€’β€’
Contract manufacturing of fabrics is conducted by Springfield.
springfieldllc.comJericho, United States1999Sep 2015β€’β€’β€’β€’
Carpet manufacturer
ontera.com.auNorthmead, Australia1985Sep 2015β€’β€’β€’β€’
Internet first brand offering casual wear for men and women
myspringfield.com1998Sep 2014β€’β€’β€’β€’
Flame-resistant fabrics are manufactured by Westex for protective applications.
westex.comSpartanburg, United States1919May 2014β€’β€’β€’β€’
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Timeline of Milliken & Company

15 dated milestones of Milliken & Company across 156 years, from founding to its latest funding, stage changes and deals.

  1. Founded Milliken & Company is founded.
  2. Exit Acquired by NCO Group.
  3. Funding First funding round of $2.1M.
  4. Funding Latest funding round, Grant, of $2.0M.
  5. Acquisition Acquires Westex.
  6. Acquisition Acquires MySpringfield.
  7. Acquisition Acquires Ontera.
  8. Acquisition Acquires Springfield LLC.
  9. Acquisition Acquires Keystone Aniline Corporation.
  10. Acquisition Acquires Andover Healthcare.
  11. Acquisition Acquires Polartec.
  12. Exit Acquired by ClockSpring|NRI.
  13. Acquisition Acquires Borchers.
  14. Acquisition Acquires Zebra-chem.
  15. Acquisition Acquires Encapsys.

Web traffic of Milliken & Company

The website of Milliken & Company (milliken.com) receives about 128.7K visits a month and ranks #272,861 among all websites worldwide, #7,766 in Textiles.

  • Monthly visits
    128.7K

    ▲ 12% vs previous month

  • Unique visitors
    43.6K

    per month

  • Global rank
    #272,861

    among all websites

  • Category rank
    #7,766

    Business and Consumer Services · Textiles

Similar websites

Websites whose visitors overlap most with Milliken & Company. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
millikenchemical.com
millikenchemical.com
100%
–
millikencarpet.com
87%
View details
fedustria.be
83%
#12,743,160View details
materialbank.com
75%
291.7K#104,012View details
textileexchange.org
71%
143.3K#305,994View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 26 similar websites and full traffic analytics for Milliken & Company

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Top companies in Contract & Outsourced Manufacturing

3 companies that operate in the same segment as Milliken & Company (Contract & Outsourced Manufacturing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
1969San Jose, California, United StatesUSD 5.06 MUSD 27.91 B147,980
Equipment and parts for HVAC/R industry are supplied.
1956Miami, Florida, United StatesUSD 7.24 B7,290
Wood-fired grills are manufactured and supplied by Traeger.
1987Salt Lake City, Utah, United StatesUSD 559.52 M666
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Related news about Milliken & Company

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Frequently Asked Questions about Milliken & Company

Milliken & Company was founded in 1865 and raised its 1st funding round 144 years after it was founded.

Milliken & Company is headquartered in Spartanburg, United States. It is registered at Spartanburg, South Carolina, United States.

The primary company behind Milliken & Company, Milliken Chemical And Textile (India) Co. Private Limited, reported revenue of β‚Ή323 Cr for FY 2025, up 23% year on year.

Milliken Company is engaged in manufacturing across multiple sectors including textiles, chemicals, flooring, and healthcare. Innovative solutions are developed for industries such as automotive, healthcare, and construction. Sustainable products are prioritized to create a positive impact. Various markets are served with specialized materials and consulting services to enhance operational excellence. Global presence is maintained through diverse business units.

Milliken & Company offers Textile Solutions, Chemical Additives, Floor Coverings, Healthcare Products, and Consulting Services.

Milliken & Company has made 11 acquisitions, including Andover Healthcare, Borchers, and Constantine Carpet.

Milliken & Company has 3 investors. Key investors include NCO Group, ClockSpring|NRI, and Military Health.

Milliken & Company operates through Milliken Chemical And Textile (India) Co. Private Limited.

Yes. Milliken & Company was acquired by ClockSpring|NRI in June 2019.

The legal entities of Milliken & Company currently have 3 directors, including David Nobert Smart, Ajay Jagdish Wagle, Joseph Varghese.

The website of Milliken & Company receives about 129 thousand visits a month and ranks #272,861 among all websites worldwide.

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