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Jagger Brothers closing yarn manufacturing division in Springvale

February 08, 2019 / TAMMY WELLS
SHARESHARESHARE

Jagger Brothers, Inc. which has been producing yarn in Springvale for 121 years, will close the manufacturing division of the company, likely by the end of March, owner David Jagger said on Friday.
Jagger said the company’s 40 employees were informed of the decision on Tuesday afternoon. A separate division of the company, Jagger Spun, which provides yarn for small production facilities and yarn shops from Maine to Africa,  will continue on at the Water Street location with a small workforce.
“We’ve been struggling with a low volume of business for a few years, and trying to make it work in terms of the numbers, said Jagger of the manufacturing facility. He said the company’s largest customer has informed him they would be importing yarn from offshore, rather than buying from Jagger Brothers. And while the company’s second largest customer planned to continue buying from Jagger, that customer itself is losing business to imports, he said...