The mill buildings were designed by architect Richard C. Biberstein and the oldest section is a two-story, heavy-timber-frame mill with load bearing brick walls.

[1] The buildings were owned by Acme Hosiery Mills, which was purchased by brothers-in-law D.B.

Acme-McCrary went on to become the third-largest producer of private label hosiery in the world, with factories in three locations.

Its production assets were purchased by Sri Lanka–based MAS Capital in 2017, but Acme-McCrary retained the historic buildings in Asheboro, which by that point only housed its corporate offices.

[3] Acme-McCrary planned to vacate the buildings following the acquisition, opening up almost 200,000 square feet of downtown real estate for commercial or residential use.