Wrights (textile manufacturers)

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Wrights is a brand of trim and other textiles for home sewing, owned since 2001 by the Simplicity Creative Group.

The Wrights brand was introduced in 1897 when William E. Wright & Sons was founded in Massachusetts.[1] Wright & Sons remained independent until 1985, when a group of shareholders—including a grandson of the founder—enabled the Newell Company to acquire a minority share in the company; within month that share grew until it acquire control over the company.[2] In 1989 Boye Needle Company was merged into Wrights.[1] In 2001 Conso International Corporation, a South Carolina manufacturer of trims to the wholesale trade, and owners of the Simplicity Pattern brand, bought the company.[citation needed]

References[edit]

  1. ^ a b "Home: About Us". Simplicity Creative Group. Retrieved 2013-02-12. 
  2. ^ "Newell Co. - Company Profile". referenceforbusiness.com. Retrieved 2013-02-12. "In June 1985 Newell acquired a 20 percent stake in William E. Wright Company from a group dissenting from the majority, including three board members and the grandson of Wright Company's founder. A few months later Newell raised its stake in Wright, a maker of sewing notions, and by the end of the year Newell had obtained majority control of the company and ousted Wright's board and top officers....By 1987 Newell had acquired complete control of Wright." 

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