Harris Teeter 2005 Annual Report Download - page 13
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will be focused on expanding the embroidery
thread business both in the U.S. and throughout
the world.
Sales gains we have realized from the
acquisitions of Synthetic, Ludlow and Robison-
Anton in the U.S. will help offset domestic sales
declines resulting from the shifting of apparel
production out of the United States. As we
consolidate the operations of the acquired
businesses, we expect to realize synergies and
productivity efficiencies in our United States
manufacturing facilities.
9
Ruddick Corporation & Subsidiaries Annual Report 2005
that require custom-designed solutions. These
products are highly engineered components used
in a wide variety of industrial applications in the
automotive, telecommunication, wire and cable,
and other industries. The specialty engineered
yarns market represents a unique opportunity
for American & Efird to apply its manufacturing
expertise and global distribution capabilities to
supply value-added products to a wide variety of
industries that are distinctly different from the
apparel industry.
In August 2005, we continued our
diversification by acquiring Robison-Anton
Textile Co. and certain of its affiliated comp-
anies. Robison-Anton is a highly recognized
global brand and a leading producer of high-
quality value-added embroidery threads. We
Industrial Thread Products Embroidery Products