American & Efird.

CHARLOTTE -- Thread manufacturer American & Efird bought Ludlow, Mass.-based Ludlow Textiles, which makes thread and yarn. Terms weren't disclosed. American & Efird reported sales of $296 million in fiscal 2004. Ludlow had sales of $13 million. American & Efird is part of Ruddick, which also owns the Harris Teeter grocery chain.

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Title Annotation:	CHARLOTTE; company sales and earnings
Publication:	Business North Carolina
Article Type:	Brief Article
Geographic Code:	1USA
Date:	May 1, 2005
Words:	49
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Topics:	Textile industry Company sales and earnings Mergers, acquisitions and divestments