06/05/2025
Well then. 😭
MEDIA RELEASE
Municipality of North Perth Responds to Closure of Spinrite Manufacturing Facility and Retail Store
North Perth, June 3, 2025 – Spinrite has announced the closure of its manufacturing facility and retail store in Listowel. For over 73 years, Spinrite has been an integral part of our community’s identity. Spinrite is a valued corporation, a major employer, and a destination for many through its annual yarn sale. This news is shocking, and we recognize the significant impact this will have on individuals, families, and the broader community.
"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. My concern and heart reaches out to the approximately 140 employees who will soon be out of work. I have spoken to Spinrite officials, who have committed to helping these employees with transition supports and severance pay.
We have appreciation that some of the administrative, marketing, and sales roles will remain in North Perth. I am saddened to learn that the store will also close, though on a timeline different than the factory closure. The summer Yarn sale was a big part of our local festivities.
The Municipality will be assertive in supporting those affected and continues to work to bolster our economic base. We will explore ramping up some programming at Set7 to support those seeking retraining and reskilling, and talk with the province about various opportunities that might involve their pockets,” said Mayor Todd Kasenberg.
The Municipality is actively collaborating with Spinrite to support affected individuals. We also remain dedicated to pursuing new economic and investment opportunities to ensure future growth and employment stability for North Perth.
