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17th November 2009, Raleigh, NC

Knit-Rite expands medical hosiery business

SmartKnit Seamless SockDeveloper and manufacturer of knitted medical textiles Knit-Rite Inc. is to expand its facility in Richmond County by investing more than $1.1 million at its plant in Ellerbe. The company specializes in circular and flat knitted medical socks and hosiery and the expansion will initially create 24 new jobs.

Knit-Rite, which is headquartered in Kansas, produces prosthetic and diabetic socks, compression hosiery and orthotic products. It owns Therafirm Compression Products in Ellerbe, which operates as a separate division and currently employs 44 workers.

Speaking to North Carolina News Network, Chris Vering, Executive Vice President and Chief Operating Officer said: “Knit-Rite is not only committed to expanding our business, but to investing in the local community.  We are grateful for the incentives provided by the state of North Carolina and Richmond County, as they will help in that expansion and allow us to continue to support local economic stability.”

The company is said to be receiving a $24,000 grant from the One North Carolina Fund for the expansion. Knit-Rite plans to modernize and expand the Ellerbe facility.

Knit-Rite, Inc. is a leading designer, marketer, and manufacturer of innovative textiles for medical and consumer markets. Founded in 1923, it prides itself in being heavily committed to the continued research and development, manufacturing and distributing of products that deliver healthy benefits for a better quality of life.

 Knit-Rite’s textile and distribution product offering includes tens of thousands of products from hundreds of vendors as well as its own manufactured goods. Through ongoing in-house product developments, such as the SmartKnit Seamless Sock, and the acquisition of both Therafirm Inc. and TheraFoot Technologies Inc. in 2000, Knit-Rite’s textile manufacturing expertise has expanded to include foot care, vascular support, acute and long-term care, orthopedics, industrial safety, sports medicine, podiatry, and pedorthics.

“Through a commitment to patients’ and consumers’ needs and a dedicated focus on textile research, Knit-Rite continues to innovate, develop, and provide a complete selection of high quality and effective products. To our facilities, providers and retailers we remain committed to providing superior products, service, and the highest level of responsiveness,” the company says.

Source: North Carolina News Network

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