Majestic Mills has acquired cone Mills' corduroy business. The transaction allows Cone to get out of the corduroy apparel business and to emphasize its core business in denim and its specialty fabric offerings. The acquisition allows Majestic, the largest converter of corduroy fabrics in the United States, to expand at a time when the domestic corduroy market is reviving. Cone and Majestic have also entered a partnership in which Cone, acting as a contractor, will cut, dye, and finish apparel corduroy exclusively for Majestic.