SIC 2281 Yarn Spinning Mills

Encyclopedia of American Industries | 2005 | Copyright

SIC 2281
YARN SPINNING MILLS

This industry is made up of establishments primarily engaged in spinning yarn wholly or chiefly by weight of cotton, manmade fibers, silk, wool, mohair, or similar animal fibers. Products include acetate and acrylic yarn, made from purchased staple; carded, carpet, combed, and cordage yarn (all of cotton); crochet yarn; and cotton, silk, wood, and manmade staple.

NAICS Code(s)

313111 (Yarn Spinning Mills)

After increasing 12.5 percent from 1994 ($8.01 billion) to 1997 ($9.42 billion), the value of industry shipments began a steady decline. Between 1998 and 2001, the value of industry shipments declined every year, falling from $8.58 billion in 1998 to $5.98 billion in 2001. The valued of carded cotton yarn shipments, which totaled $3.09 billion in 2001, accounted for the majority of total industry shipments. Spun noncellulosic fiber and silk yarns represented another $2.14 billion in industry shipments.

During the early establishment of the industry in the eighteenth century, most spinning mills operated as independent entities. Later, mergers and consolidations in the yarn spinning...

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