About: Cabot Hosiery Mills

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Cabot Hosiery Mills is a textile manufacturer located in Northfield, Vermont, that makes socks under the "Darn Tough" label. The company was founded in 1978 by Marc Cabot, who had worked in the textile industry in New York State until he purchased and rebuilt a vacant mill in Northfield. His son Ric Cabot joined the company in 1989. Through the 1990s, Cabot Hosiery primarily manufactured socks for retail chains such as Gap, which relabeled the product for sale under store brand names. As retailers began looking to foreign manufacturers able to offer a lower price, Cabot Hosiery's sales declined from $7 million to $5 million annually, leading the company to lay off about 40 workers. By the early 2000s, the company owed several million dollars to its lenders, had defaulted on loans, and was

Attributes	Values
rdf:type	Thing company schema:Organization dul:Agent dul:SocialPerson agent wikidata:Q24229398 Organization Business enterprise geo:SpatialThing organisation
rdfs:label	Cabot Hosiery Mills (en)
rdfs:comment	Cabot Hosiery Mills is a textile manufacturer located in Northfield, Vermont, that makes socks under the "Darn Tough" label. The company was founded in 1978 by Marc Cabot, who had worked in the textile industry in New York State until he purchased and rebuilt a vacant mill in Northfield. His son Ric Cabot joined the company in 1989. Through the 1990s, Cabot Hosiery primarily manufactured socks for retail chains such as Gap, which relabeled the product for sale under store brand names. As retailers began looking to foreign manufacturers able to offer a lower price, Cabot Hosiery's sales declined from $7 million to $5 million annually, leading the company to lay off about 40 workers. By the early 2000s, the company owed several million dollars to its lenders, had defaulted on loans, and was (en)
foaf:name	Cabot Hosiery Mills (en)
foaf:homepage	http://www.darntough.com
name	Cabot Hosiery Mills (en)
geo:lat	44.159168 (xsd:float)
geo:long	-72.650002 (xsd:float)
foaf:depiction
dcterms:subject	1978 establishments in Vermont American companies established in 1978 Clothing companies established in 1978 Textile companies of the United States Clothing companies of the United States Manufacturing companies based in Vermont
Wikipage page ID	53083773 (xsd:integer)
Wikipage revision ID	910499346 (xsd:integer)
Link from a Wikipage to another Wikipage	1978 establishments in Vermont Vermont Sock Gap Inc. American companies established in 1978 Textile manufacturing Clothing companies established in 1978 Northfield, Vermont Recreational Equipment, Inc. Textile companies of the United States Clothing companies of the United States Manufacturing companies based in Vermont L.L. Bean
Link from a Wikipage to an external page	https://darntough.com/ http://www.darntough.com
sameAs	Cabot Hosiery Mills Cabot Hosiery Mills Cabot Hosiery Mills
dbp:wikiPageUsesTemplate	dbt:Convert dbt:Coord dbt:Infobox_company dbt:Reflist
thumbnail	wiki-commons:Special:FilePath/Darn-Tough-Logo.svg?width=300
brands	Darn Tough (en)
hq location city	Vermont Northfield, Vermont
hq location country	U.S. (en)
industry	Textile manufacturing
key people	Ric Cabot, President and Chief Executive Officer (en)
logo	Darn-Tough-Logo.svg (en)
logo alt	Logo of Darn Tough (en)
num employees	200 (xsd:integer)
num employees year	2016 (xsd:integer)
products	socks (en)
revenue	5.0E7 (usDollar)
revenue year	2016 (xsd:integer)
website	http://www.darntough.com
georss:point	44.159166666666664 -72.65
has abstract	Cabot Hosiery Mills is a textile manufacturer located in Northfield, Vermont, that makes socks under the "Darn Tough" label. The company was founded in 1978 by Marc Cabot, who had worked in the textile industry in New York State until he purchased and rebuilt a vacant mill in Northfield. His son Ric Cabot joined the company in 1989. Through the 1990s, Cabot Hosiery primarily manufactured socks for retail chains such as Gap, which relabeled the product for sale under store brand names. As retailers began looking to foreign manufacturers able to offer a lower price, Cabot Hosiery's sales declined from $7 million to $5 million annually, leading the company to lay off about 40 workers. By the early 2000s, the company owed several million dollars to its lenders, had defaulted on loans, and was late on tax bills. In 2004, Ric Cabot devised the strategy of selling socks designed for durability under an in-house name, leading to the launch of the "Darn Tough" brand that year after both Cabots invested additional personal equity into the business. The socks were initially distributed locally, but high demand, particularly among outdoor enthusiasts, led the company to reach distribution deals with national retailers, including REI and L.L. Bean. The company also sold socks to the US military, which is required by law to purchase supplies from domestic producers, with sales to the armed forces making up as much as a third of all revenue. Driven by the "Darn Tough" brand, Cabot Hosiery's sales rose through the 2000s, and by 2012 the mill employed about 130 people. During the first half of the 2010s, sales continued to rise by about 60% annually, and in 2015, with Ric Cabot by then having taken over the role of president and CEO from his father, the company announced a 100,000 square feet (9,300 m2) expansion of its factory. As of 2016, annual sales for Cabot Hosiery were just under $50 million, and the company employed about 200 people, with plans to hire more as expansion continued. (en)
prov:wasDerivedFrom	wikipedia-en:Cabot_Hosiery_Mills?oldid=910499346&ns=0
page length (characters) of wiki page	4215 (xsd:nonNegativeInteger)
number of employees	200 (xsd:nonNegativeInteger)
revenue ($)	5.0E7 (usDollar)
year of reported revenue	2016-01-01 (xsd:gYear)
industry	Textile manufacturing
location city	Vermont Northfield, Vermont
product	Sock
foaf:isPrimaryTopicOf	wikipedia-en:Cabot_Hosiery_Mills
geo:geometry	POINT(-72.650001525879 44.159168243408)
is Link from a Wikipage to another Wikipage of	Bernie Sanders mittens meme Darn Tough Northfield, Vermont Darn Tough Vermont Darn Tough socks
is Wikipage redirect of	Darn Tough Darn Tough Vermont Darn Tough socks
is foaf:primaryTopic of	wikipedia-en:Cabot_Hosiery_Mills

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