River Capital

New CPE, Inc., a New Image Group company headquartered in Union, SC, is one of the largest manufacturers of acrylic felt for the consumer market. In addition the company produces other textile products for the consumer and industrial nonwoven markets. Consumer products are sold nationally through major craft and home sewing retailers, and mass merchandisers. The company manufacturers a broad line of industrial nonwovens for application to the geotextile, filtration, home furnishings and other markets. River Capital and management acquired New CPE in 2003.