What’s Going on at Spinrite?

Spinrite is set to close its longtime manufacturing facility and retail store in Listowel, affecting approximately 140 workers, according to a statement from the Municipality of North Perth.

• The closure marks the end of 73 years of operations in the small Ontario town, where Spinrite has served as a major employer and popular destination for yarn enthusiasts.
• An exact date for the shutdown has not been announced.

North Perth Mayor Todd Kasenberg expressed concern for the displaced workers, noting:

“It is indeed sad and unfortunate news to learn that a long staple of our manufacturing base, Spinrite, is discontinuing its 70-plus year manufacturing effort in Listowel.”

Official Statements and Community Response

Support For Workers: Mayor Kasenberg said Spinrite leadership has committed to transition supports and severance pay for affected staff.

• The Municipality is collaborating with Spinrite to assist displaced workers and is exploring retraining and reskilling initiatives through its Set7 program.
• Discussions with the provincial government are underway to identify additional funding and support opportunities.

Remaining Operations: Some administrative, marketing, and sales roles will remain in North Perth, though manufacturing will cease entirely.

Long-term Outlook: Kasenberg emphasized the municipality’s commitment to economic renewal, saying they are “dedicated to pursuing new economic and investment opportunities” to stabilize employment...

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