What is Hickory Throwing?
Hickory Throwing is a specialized provider of premium yarns, catering to the U.S. textile manufacturing sector. Their product portfolio includes dyed spun polyester, dyed stretch nylon, and dyed polyester-wool blends. The company distinguishes itself through in-house capabilities like twisting and air covering, enabling the development of customized yarn solutions. With over five decades of experience, Hickory Throwing emphasizes innovation, customer service, and sustainability, particularly through its partnership with Ferre Yarns to offer high-quality recycled yarn options.
How much funding has Hickory Throwing raised?
Hickory Throwing has raised a total of $300K across 2 funding rounds:
Debt
$150K
Debt
$150K
Debt (2020): $150K with participation from PPP
Debt (2021): $150K led by PPP
Key Investors in Hickory Throwing
PPP
Public-Private Partnership
Undisclosed Investors
Undisclosed Investors
What's next for Hickory Throwing?
The substantial capital infusion, particularly the recent strategic investment, positions Hickory Throwing for accelerated growth and market expansion. As a company focused on providing essential materials for U.S. manufacturers and emphasizing sustainable solutions, this backing is likely to fuel advancements in their product development, potentially expanding their range of recycled and performance yarns. The company's commitment to innovation and custom solutions, combined with its established experience, suggests a strategic focus on strengthening its supply chain partnerships and enhancing its competitive edge in the evolving textile industry.
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