No. 2 U.S. yarn-maker, backed by American Securities, names new chief in management reshuffle: UPDATED

No. 2 U.S. yarn-maker, backed by American Securities, names new chief in management reshuffle Frontier Spinning Mills Holding Corp, the second-largest U.S. yarn producer, has named a new chief executive officer, the company said on Friday, in a management reshuffle ten months after a private equity firm bought a majority stake, according to sister news service Reuters.