Blum is Now Third Generation Owner of Craftex After Buyout

Blue Bell, Pa. - Bob Blum, president of Craftex, has acquired 100 percent ownership of the mill by purchasing the privately held shares owned by his partner and cousin, Jeff Seder, who has chosen to leave the textile business.The sale to Blum has ended rumors running through the industry that had erroneously identified various competitors as Craftex's new owner. As...