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Valdese Weavers acquires assets of Dicey Mills but not its plant in Shelby

YarnsandFibers News Bureau 2015-02-05 13:00:00 – USA

Valdese Weavers is both a creative design studio and a state of the art manufacturer of jacquard textiles located in the Blue Ridge Mountains of North Carolina has acquired the assets of Dicey a vertical textile mill located in Shelby, North Carolina with five generations of experience producing quality American made textile products, Dicey is the new but established source of innovative textiles.

Assets acquired include intellectual property, as well as selected equipment including a needle loom, sectional warper and certain yarn manufacturing machinery including Dicey’s extrusion capability. Valdese did not acquire the Dicey plant in Shelby.

According to Valdese President and CEO Michael Shelton, the purchase included a transition services agreement giving Valdese the right to manufacture as needed in the Dicey facility until the end of the year. This will help ensure a seamless integration and high level of service to all Dicey customers during the transition. Valdese intends to hire as many Dicey personnel as possible.

The addition of the Dicey fabric line complements the existing Valdese Weavers’ brands unique style very well, said Michael Shelton, president and CEO, Valdese. It will extend the breadth of their product diversity and market reach by utilizing different yarn systems and weave techniques that achieve the specific Dicey look. And while Dicey’s fabrics are somewhat different in nature to their current mix of products, technically they are remarkably compatible and therefore will integrate nicely into their vertical manufacturing operations in Valdese.

Parks Neisler, representative for the Neisler family, owner and operator of Dicey Mills said that Dicey is excited about becoming a part of an outstanding company like Valdese Weavers. As like them, Valdese Weavers are a family business with deep roots in the textile industry and they look forward to growing the Dicey Fabrics brand with them in the years ahead.

At Valdese Weavers, each of their distinct brands has its own individual design studio making them the most prolific design house in the world where creativity is cherished and ideas come from anywhere imaginable. Constant growth has created expansive plants capable of producing tens of thousands of yards daily.

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