Martin Foil's company sells yarn that winds up in clothes from the Gap, Ralph Lauren and American Apparel, and business is growing. He's buying new machines and hopes to hire as many as 200 workers this year.When he decided to expand into a shuttered yarn factory in North Carolina, he borrowed $11 million recently from Wells Fargo to buy it.
February 25, 2011 at 12:00 AM
1 minute read
Martin Foil’s company sells yarn that winds up in clothes from the Gap, Ralph Lauren and American Apparel, and business is growing. He’s buying new machines and hopes to hire as many as 200 workers this year.
When he decided to expand into a shuttered yarn factory in North Carolina, he borrowed $11 million recently from Wells Fargo to buy it.
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