Thomaston Mills, Inc.’s (Nasdaq: TMSTA) President and CEO Neil H. Hightower today announced that Thomaston Mills, Inc. has completed a $10,000,000 twenty-year loan with WebBank to replace a portion of its high interest rate real estate debt. Two Georgia lawmakers and the U. S. Department of Agriculture (USDA) assisted the Company in obtaining the new loan, which was 90% guaranteed by the USDA’s Business and Industry Program and the North American Development Bank’s Community Adjustment and Investment Program (CAIP).

Subscribe to Just Style

Join over 70,000 apparel industry professionals by unlocking full access for just £1 (plus VAT if applicable)


Already a Member? Login here


Just Style membership gives you:

  • Unlimited access to Just Style content including in-depth analysis, exclusive blogs, industry executive interviews and management briefings
  • Unbeatable market coverage from apparel sourcing and supply chain issues, to emerging markets and manufacturing
  • Unrivalled apparel industry comment from journalists including Leonie Barrie, Michelle Russell, Hannah Abdulla and Beth Wright.
Want multi-user access? Explore our multi-user & corporate memberships

70% of the apparel and textile companies in the Forbes Global 2000 use Just Style

Find out more