Cap America (asi/43792), a Top 40 supplier, has acquired Minnesota-based custom knitwear company Wear-A-Knit.

“We are excited to expand our company reach and believe this purchase will allow us to better serve both Cap America and Wear-A-Knit clients by increasing our production capacity,” said Cap America CEO Mark Gammon. “We will continue to develop our USA-made knit department, bringing even more products and styles to our customer base.”

Mark Gammon, Cap America

Founded in 1977, Wear-A-Knit produces American-made knitwear products in Cloquet, MN, for the promotional products and sporting goods industries. The company has expanded through organic growth and otherwise, including the acquisition of Stitch-It Designs of Esko, MN, executives said.

“We take great pride in the quality of the items that we produce and the services we offer, and I feel confident that Cap America will continue that standard of excellence moving forward,” said Dave Leslie, president and former owner of Wear-A-Knit.

Founded in 1985 and headquartered in Fredericktown, MO, Cap America said it has one of the largest circular knitting operations in North America. The firm is also one of the largest importers of headwear in the industry, offering stock products and custom-produced items. Beyond promo, Cap America serves the sporting goods and retail industries with headwear and knitwear solutions.

With reported 2020 North American promo product revenue of $38.2 million, Cap America ranked 38^th on Counselor’s most recent list of the 40 largest suppliers in the industry. Counselor’s 2022 Top 40 list will be revealed this July.