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

Spinrite Tech Stack

Spinrite uses 8 technology products and services including Wix, Sketch, Shopify, and more. Explore Spinrite's tech stack below.

Spinrite's Email Address Formats

Spinrite uses at least 3 email formats:
Spinrite 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's official website and social media links?

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

How much revenue does Spinrite generate?

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As of August 2026, Spinrite's annual revenue is estimated to be $25M - $50M.

What is Spinrite's NAICS code?

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Spinrite's NAICS code is 313 - Textile Mills.

How many employees does Spinrite have currently?

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As of August 2026, Spinrite has approximately 352 employees across 3 continents, including North America, Europe and Asia. Key team members include Vice President Human Resources: L. B., Vp Manufacturing: J. V. and Chairman: R. N. 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 Wix, Sketch, Shopify, Google Cloud, Salesforce Service Cloud, Airtable, Microsoft Teams and VMware.

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.

How much funding has Spinrite raised to date?

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

When was Spinrite founded?

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Spinrite was founded in 1952.
Spinrite logo

Spinrite

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 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 $28M as a Venture Round.

  • $25M - $50M

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

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