Kitsbow
$420K
CAPITAL DEPLOYED
180
units created
620+
people housed
2024
investment year
The Investment
For decades, Old Fort, North Carolina, experienced the decline of the manufacturing economy that once sustained many small Appalachian communities. In 2019, Kitsbow Cycling Apparel chose a different path, relocating its manufacturing operation from California to the former Parker Hosiery building in Old Fort. The company built its business around domestic, made-to-order apparel production at a time when most apparel manufacturing had moved overseas. The move brought dozens of jobs to the community, offering competitive wages, health benefits, and opportunities for employee ownership. When COVID-19 disrupted communities across the country, Kitsbow pivoted production to manufacture personal protective equipment for frontline workers, delivering nearly 88,000 masks and face shields in a matter of days.
In 2022, Abundance Angels recommended a total of $40,000 across two convertible note investments. The capital supported a company working to demonstrate that manufacturing jobs could still be created and sustained in rural America.
Impact Metrics
SDG Alignment
Investment Details
About the Organization
Kitsbow Cycling Apparel was a cycling apparel company that chose Old Fort, North Carolina as the home of its US manufacturing operation, building its business around domestic, made-to-order production at a time when most apparel manufacturing had moved overseas. The company brought competitive wages, health benefits, and employee ownership opportunities to the community and demonstrated that manufacturing jobs could be created and sustained in rural America.