 The company was started in 1965 as Phillips Fibers Corporation, a subsidiary of Phillips Petroleum Company based in Bartlesville, Oklahoma. Phillips Fibers was headquartered in Greenville, South Carolina with sales and marketing offices and research and development on one campus. Phillips made filament filament yarns for home products, furnishings, industrial filament and staple and industrial non-wovens.
 In 1993 Phillips Fibers Corporation was purchased by Amoco Fabrics and Fibers Corporation, a subsidiary of Amoco Oil Corporation. The combined companies became the largest US supplier of solution dyed filament yarns, staple fiber, needle punch non-wovens, and carpet backing.
 In 1999, Amoco Fabrics and Fibers Corporation spun off the fibers division and sold it to a private equity firm, Monitor-Clipper Partners, of Cambridge, Massachusetts. The new company is American Fibers and Yarns Company (AF&Y) headquartered in Chapel Hill, North Carolina. |
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Still the largest supplier of solution dyed filament yarn, it now services many markets. Predominant in the product portfolio is the residential home furnishings market. Next in line is the contract furnishings business, which consists of woven fabric for commercial office buildings, hospitality, and healthcare. AF&Y has a large industrial markets business for weatherpile, narrow and rope and cordage. In the automotive arena AF&Y supplies stabilized yarns for automotive seating and netting. And last but not least, AF&Y has a profitable niche in the apparel business, most notably thermalwear. For the US armed services, AF&Y supplies yarn for thermalwear for the Army's Extended Cold Weather Clothing System, the survival layer for extreme climates. |
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