Gildan Activewear has acquired 100 percent of the equity interests of Phoenix Sanford, LLC, the parent company of Frontier Yarns in a $168 mn deal. Frontier is a major producer of 100 percent cotton, polyester, and cotton blend yarns primarily manufactured on open end and vortex (MVS) spinning technology for the knitting and weaving industries. The yarn operations of Frontier acquired by Gildan include four facilities located in North Carolina employing approximately 800 employees.