Fab Industries Financial Information

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October 2013 Summary: The company produces warp and circular-knit fabrics, raschel laces, and laminated fabrics. Fab sells its fabrics and laces to manufacturers of swimwear, intimate apparel, sleepwear, and sportswear. The company also makes blankets, sheets, and other bedding, as well as home furnishings for mail-order companies, airlines, cruise lines, and hospitals. Fab Industries, which operates manufacturing facilities in New York and North Carolina, sells its products in the US and abroad through a network of sales representatives. President Steven Myers and his wife Beth (daughter of Samson Bitensky, the company's founder) own the company through their firm, Ssjjj Manufacturing.

Fab is a textile manufacturer of warp and circular knit fabrics. All manufacturing operations are performed at the Company's 750,000 square foot manufacturing facility, Mohican Mills, Inc. located in Lincolnton, NC (approximately 20 miles northwest of Charlotte, NC).

Warp Knit Operations Fab has a variety of warp knitting machines in 20, 24, 28, 32 and 36 gauges. We have one of the largest banks of three bar warp knit machines in the hemisphere which make unique and specialized fabrics. fabrics are made from polyester, nylon as well as polyester/spandex and nylon/spandex blends.

Warping & Beaming Fab has one of the largest Warping/beaming departments in the USA. This capability allows fab to purchase synthetic yarns in either package or beam configurations from its yarn suppliers.

Circular Knit Operations Fab's circular knit department offers a wide variety of single knits, double knits and jacquards in rigid and stretch constructions primarily for apparel, athletic-team sport-performance, and sleepwear markets.

Dyeing and Finishing Operations Fab has significant dyeing and finishing capacity. fabrics are dyed in jets, pressure and atmospheric beams, becks, and delicate-dye equipment.

September 2007 Summary: Fab Industries, Inc. is a vertically integrated American-based manufacturer of Warp and Circular knit rigid and stretch fabrics, Raschel laces, Raschel "stretch" fabrics, and polyurethane coated and bonded fabrics. Fab also manufactures finished bedding and home furnishings products. Corporate Headquarters are located in New York City at 200 Madison Avenue, New York, New York, 10016. Manufacturing facilities are located in New York State and North Carolina, where its products are knit, dyed, finished, inspected, warehoused and shipped. Fab maintains Sales offices in New York and Los Angeles, Ca. supplemented by an extensive network of regional Sales Representatives throughout the U.S. and internationally.

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