Your Favorite yarn may be going away.....

I found out recently that Spinrite, the makers of Bernat, Lily Sugar'n Cream and Patons yarns just purchased Pisgah Yarn company who makes Peaches & Cream, America's Best & Honeysuckle yarns.

There is no word yet on what brands will be kept but its easy to say that if you're making something right now with either of their yarns you should make sure to have enough on hand to finish what you're working on. Pisgah's web site is having an "inventory reduction" sale so stock up now if there is a product you really love and won't be able to live with out.
I want to first say I have nothing against Spinrite. I love and carry their yarns along side other popular brands. What I am sad to hear is that US jobs are lost because of this. Spinrite is in Canada and Pisgah was in North Carolina. Below are 2 links you should take the time read. The first is about Pisgah closing and the other is from the Wall Street Journal about Cotton Prices going up soon because of a string of bad harvest. This means yarn prices will be going up soon if they haven't already at your local store. I will be raising my prices slowly as current yarn is stock is cycled out and new yarn comes in.
Pisgah Yarn Company Sold to Spinrite
Cotton Prices Reach an all time high