About National Spinning
National Spinning is a company based in New York (United States) founded in 1921 was acquired by Unifi in April 2018.. The company has 308 employees as of December 31, 2021. National Spinning offers products and services including Yarn and Nonwoven Products. National Spinning operates in a competitive market with competitors including Glen Raven, Core Covers, FiberVisions, Swavelle and Textum, among others.
- Headquarter New York, United States
- Employees 308 as on 31 Dec, 2021
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name National Spinning Co., Inc.
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Products & Services of National Spinning
National Spinning offers a comprehensive portfolio of products and services, including Yarn and Nonwoven Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Yarn materials for industrial and consumer applications.
Nonwovens for suppliers in government and industrial sectors.
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Funding Insights of National Spinning
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in National Spinning
National Spinning has secured backing from 1 investor. Prominent investors backing the company include Unifi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Recycled performance fibers and resins are manufactured from post-consumer plastics.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by National Spinning
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - National Spinning
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
National Spinning Comparisons
Competitors of National Spinning
National Spinning operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Glen Raven, Core Covers, FiberVisions, Swavelle and Textum, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Produces performance fabrics for shade, protective, industrial, logistics, and marine applications.
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Fabrics are manufactured under contract for various applications.
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Polyolefin staple fibers for apparel are manufactured under contract.
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Serves as a contract manufacturer of textile products.
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Contract manufacturing of textiles is conducted by Textum.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on National Spinning
Frequently Asked Questions about National Spinning
When was National Spinning founded?
National Spinning was founded in 1921.
Where is National Spinning located?
National Spinning is headquartered in New York, United States. It is registered at New York, New York, United States.
How many employees does National Spinning have?
As of Dec 31, 2021, the latest employee count at National Spinning is 308.
What does National Spinning do?
National Spinning was established in 1921 in New York, United States, within the textile sector. Contract manufacturing services for yarns and fabric materials are provided to various clients. Operations are centered in the United States, supporting production and supply chain needs. The companys domain, natspin.com, is utilized for business interactions and information dissemination. Focus remains on core textile processes without expansion into unrelated areas.
Who are the top competitors of National Spinning?
National Spinning's top competitors include Kestrel Materials, FiberVisions and Core Covers.
What products or services does National Spinning offer?
National Spinning offers Yarn and Nonwoven Products.
Who are National Spinning's investors?
National Spinning has 1 investor. Key investors include Unifi.
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