Petree & Stoudt Associates, Inc. was established in 1979 as a partnership between David W. Petree and Charles “Chic” Stoudt. Within a few years, Chic Stoudt retired from the business. At that time the company was located in Greensboro, North Carolina, USA. Today the company is located in a 20,000 square foot building in High Point, North Carolina, USA.

David Petree began his career at Burlington Industries. At the time that he left Burlington Industries, he was the head of R&D for their yarn manufacturing division.

He then became the President of Scragg North America and ran their office in Charlotte, North Carolina. In 1979, he left Scragg and formed Petree & Stoudt Associates.

In the early years, the company provided aftermarket replacement parts for texturing machines and other equipment used in the processing of synthetic fibers. Mr. Petree’s close association with Temco (formerly FAG Kugelfischer) allowed the company to begin marketing FAG products and P&S soon became the agent for FAG. In 1993 FAG sold the textile division in Hammelburg Germany thru a management buyout and the company was renamed Temco. From that point forward Petree & Stoudt has incrementally grown to the company that exists today.

Timeline:
1980 – P&S began representing Temco (at the time named FAG Kugelfischer)
1983
– P&S began representing Rauschert for technical ceramics in the manmade fiber industry.
1987 – P&S started representing the Italian textile machinery company Davide Giudici & Figli (Giudici).
1990
– P&S began representing Hildebrandt, a German manufacturer of bobbins and spools for the covering and twisting industries. In 1997 Hildebrandt moved their manufacturing to Slovenia and the company was renamed LP Mycron.
2002 – P&S signs an agreement to represent PACO filters in the manmade fiber industry.
2003 – P&S agrees to represent Interprecise Bearings and RPE Technologies (airjet products).