Coats plc is the world's largest sewingthread and needlecraft supplies manufacturer, processor, and distributor, with 25,000 employees and plants in over 65 countries while the company's products are sold in 150 countries.
History
In 1755 James and Patrick Clark began a loom equipment and silk thread business in Paisley, Scotland. In 1806 Patrick Clark invented a way of twisting cotton threads together to substitute for silk threads which were unavailable due to France's blockade of Great Britain and opened the first plant for manufacturing the cotton thread in 1812. Several years later James Coats opened a cotton mill and his sons, James & Peter, took up the business under the name of J. & P. Coats.In 1864 the Clark family began manufacturing in Newark, New Jersey, U.S. In 1890 Coats listed on the London Stock Exchange. In 1952 J. & P. Coats and the Clark Thread Co. merged to become Coats & Clark Inc. in the United States. In 1960 a merger with Patons and Baldwins created Coats Patons. In 2003 the Guinness Peat Group plc took Coats Ltd private and it is now registered as "Coats plc".
Companies
Coats plc does business under different names in different countries but most variations include "Coats". For example, in the U.S., it does business as "Coats & Clark, Inc." (consumer) and "Coats American, Inc." (industrial). In England, it does business as "Coats (UK) Ltd", in Canada as "Coats Canada Inc", and as "Coats Australian Pty Ltd" in Australia. Coats in Egypt does business as "Coats Egypt".
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