Brief: Unifi Will Transition Yarn Production Out Of Manufacturing Facility In Madison, North Carolina

Unifi

03/02/2025 22:08

Feb 3 (Reuters) - Unifi Inc  UFI.N :
    * UNIFI : WILL BE TRANSITIONING YARN PRODUCTION OUT OF
MANUFACTURING FACILITY IN MADISON, NORTH CAROLINA, PLACING
PROPERTY FOR SALE IN CALENDAR 2025
    * UNIFI INC: PRODUCTION ACTIVITIES OCCURRING AT MADISON,
NORTH
CAROLINA FACILITY WILL BE CONSOLIDATED INTO UNIFI FACILITIES IN
NORTH AND CENTRAL AMERICA
    * UNIFI INC: PROCEEDS FROM FUTURE SALE OF PROPERTY WILL BE
PRIORITIZED AGAINST PAYING DOWN EXISTING DEBT
    * UNIFI INC: OFFERING EXISTING EMPLOYEES AVAILABLE
OPPORTUNITIES
AT OTHER FACILITIES IN NORTH CAROLINA

Source text:  ID:nBw9fLRqba 
Further company coverage:  UFI.N 

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