Insights

Market leadership Spinrite is the largest marketer of craft yarns and consumer sewing thread in North America, indicating a strong distribution network and brand authority that can accelerate cross-sell opportunities across its brands such as Bernat, Red Heart, Caron, Coats & Clark, and Yarnspirations.

Expansion signals Recent recognition as Star Business of the Week and a history of growth through acquisitions suggest openness to partnerships, co-branding, and potential distribution or licensing deals with suppliers and retailers to expand product lines.

Digital readiness With tech stack including Shopify, Salesforce, Power BI, and Google Analytics, Spinrite operates with modern e-commerce and CRM capabilities, presenting opportunities for enhanced cross-channel campaigns, CRM-driven sales motions, and data-driven upsell programs.

Financial scale Revenue band of 25 to 50 million and funding of 28 million imply a scalable growth stage, making Spinrite a viable target for strategic partnerships, product extensions, or value-added services that support scaling manufacturing, logistics, or marketing efforts.

Customer focus A education-driven crafts orientation and a multi-brand portfolio targeting brick-and-mortar and e-commerce channels offer opportunities to propose teacher-led kits, exclusive yarn bundles, or customized educator programs to strengthen customer loyalty and increase average order value.

Similar companies to Spinrite LP

Spinrite LP Tech Stack

Spinrite LP uses 8 technology products and services including Power BI, Salesforce, MySQL, and more. Explore Spinrite LP's tech stack below.

  • Power BI
    Business Intelligence
  • Salesforce
    Customer Relationship Management
  • MySQL
    Database
  • Shopify
    E-commerce
  • Mailchimp
    Email
  • HTML
    Programming Languages
  • Microsoft Hyper-V
    Virtualisation Software
  • Google Analytics
    Web Analytics

Spinrite LP's Email Address Formats

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

Frequently Asked Questions

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

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

What is Spinrite LP's NAICS code?

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Spinrite LP's NAICS code is 313 - Textile Mills.

How many employees does Spinrite LP have currently?

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As of July 2026, Spinrite LP has approximately 350 employees across 3 continents, including North AmericaEuropeAsia. Key team members include Vice President Human Resources: L. B.Vp Manufacturing: J. V.Chairman: R. N.. Explore Spinrite LP's employee directory with LeadIQ.

What industry does Spinrite LP belong to?

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Spinrite LP operates in the Textile Manufacturing industry.

What technology does Spinrite LP use?

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Spinrite LP's tech stack includes Power BISalesforceMySQLShopifyMailchimpHTMLMicrosoft Hyper-VGoogle Analytics.

What is Spinrite LP's email format?

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

How much funding has Spinrite LP raised to date?

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As of July 2026, Spinrite LP has raised $28M in funding. The last funding round occurred on Nov 16, 2007 for $28M.

When was Spinrite LP founded?

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Spinrite LP was founded in 1952.
Spinrite LP logo

Spinrite LP

Textile ManufacturingOntario, Canada201-500 Employees

Spinrite is a textile manufacturing company located at 320 Livingstone Avenue South, Listowel, Ontario n4w 3h3, Canada, with 201 to 500 employees. It operates in the craft yarns and consumer sewing thread sector in North America and markets through brands including Bernat, Red Heart, Caron, Coats & Clark, and Yarnspirations, serving both brick-and-mortar retailers and e-commerce channels. Spinrite was formed in 1952 by founder David Hay and has grown through organic development and acquisitions, becoming the largest marketer of craft yarns and consumer sewing thread in North America. The company emphasizes core values such as creativity, ownership, teamwork, integrity, partnership, and making an impact. It maintains an online presence at spinriteyarns.com and has been recognized as Star Business of the Week in April 2026.

Section iconCompany Overview

NAICS Code
313 - Textile Mills
Founded
1952
Employees
201-500

Section iconFunding & Financials

  • $28M

    Spinrite LP has raised a total of $28M of funding over 1 rounds. Their latest funding round was raised on Nov 16, 2007 in the amount of $28Mas a series_unknown.

  • $25M$50M

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

Section iconFunding & Financials

  • $28M

    Spinrite LP has raised a total of $28M of funding over 1 rounds. Their latest funding round was raised on Nov 16, 2007 in the amount of $28Mas a series_unknown.

  • $25M$50M

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

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