Insights

Market Leadership Spinrite is the largest marketer of craft yarns and consumer sewing threads in North America, indicating strong brand recognition and a substantial market share that can be leveraged for expanding distribution and product lines.

Diverse Product Portfolio With key brands like Bernat, Red Heart, Caron, Coats & Clark, and Yarnspirations, Spinrite offers a wide range of craft materials, providing opportunities for cross-selling and bundling with complementary craft supplies.

Growth Potential Having grown through both organic and acquisition strategies and operating with revenues between $25M and $50M, Spinrite presents opportunities for upselling advanced manufacturing technologies or innovative product development to support further expansion.

Technology Use Utilizing a variety of technology tools including Microsoft Access, RequireJS, and data analytics platforms like Minitab, Spinrite demonstrates a progressive approach to operational efficiency, suggesting openness to integrating new tech solutions to enhance production or supply chain management.

Investment Background Ownership by TorQuest Partners since 2015 highlights a history of private equity backing, indicating potential for partnership opportunities or tailored solutions that align with strategic growth and operational efficiency goals.

Similar companies to Spinrite

Spinrite Tech Stack

Spinrite uses 8 technology products and services including Microsoft Access, RequireJS, D3.js, and more. Explore Spinrite's tech stack below.

  • Microsoft Access
    Database Management Software
  • RequireJS
    Javascript Frameworks
  • D3.js
    Javascript Graphics
  • Lydia
    Payment Processing
  • Android
    Programming Languages
  • VMware ESXi
    Virtualisation Software
  • VMware
    Virtualisation Software
  • Minitab
    Visualisation Software

Spinrite's Email Address Formats

Spinrite uses at least 1 format(s):
Spinrite Email FormatsExamplePercentage
FLast@spinriteyarns.comJDoe@spinriteyarns.com
98%
First@spinriteyarns.comJohn@spinriteyarns.com
1%
FL@spinriteyarns.comJD@spinriteyarns.com
1%

Frequently Asked Questions

Where is Spinrite's headquarters located?

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Spinrite's main headquarters is located at 320 Livingstone Avenue South Listowel, Ontario n4w 3h3 Canada. The company has employees across 3 continents, including North AmericaEuropeAsia.

What is Spinrite's official website and social media links?

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Spinrite's official website is spinriteyarns.com and has social profiles on LinkedInCrunchbase.

What is Spinrite's SIC code NAICS code?

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Spinrite's SIC code is 8011 - Offices and Clinics of Doctors of Medicine NAICS code is 313 - Textile Mills.

How many employees does Spinrite have currently?

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As of February 2026, Spinrite has approximately 334 employees across 3 continents, including North AmericaEuropeAsia. Key team members include Chief Executive Officer: K. P.Cfo: G. L.Chief Product And Marketing Officer: P. J. S.. Explore Spinrite's employee directory with LeadIQ.

What industry does Spinrite belong to?

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Spinrite operates in the Textile Manufacturing industry.

What technology does Spinrite use?

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Spinrite's tech stack includes Microsoft AccessRequireJSD3.jsLydiaAndroidVMware ESXiVMwareMinitab.

What is Spinrite's email format?

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Spinrite's email format typically follows the pattern of FLast@spinriteyarns.com. Find more Spinrite email formats with LeadIQ.

When was Spinrite founded?

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Spinrite was founded in 1952.

Spinrite

Textile ManufacturingOntario, Canada201-500 Employees

We are an inspiration and education-driven crafts company in the North American market. Bernat, Red Heart, Caron, Coats & Clark and Yarnspirations are our key brands, supporting brick and mortar and e-commerce sales channels.

In 1952, Spinrite as it is known today was formed by our founder, David Hay. Over the years, we have grown significantly through organic and acquisition-based growth. Today, we are the largest marketer of craft yarns and consumer sewing thread in North America.

Our core values are:
1. Creativity
2. Ownership 
3. Teamwork
4. Integrity 
5. Partnership
6. Make An Impact

Section iconCompany Overview

Headquarters
320 Livingstone Avenue South Listowel, Ontario n4w 3h3 Canada
SIC Code
8011 - Offices and Clinics of Doctors of Medicine
NAICS Code
313 - Textile Mills
Founded
1952
Employees
201-500

Section iconFunding & Financials

  • $25M$50M

    Spinrite's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $25M$50M

    Spinrite's revenue is estimated to be in the range of $25M$50M

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