TITLE

Dan River slims down to stay alive

AUTHOR(S)
Hogsett, Don
PUB. DATE
August 2004
SOURCE
Home Textiles Today;8/23/2004, Vol. 25 Issue 48, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the move of textile firm Dan River Inc. to cut costs in Virginia. Aim to recover from possible bankruptcy and restructuring; Series of plant closing and lay offs; Financial performance of the company.
ACCESSION #
14225834

 

Related Articles

  • Dan River unveils plan.  // Home Textiles Today;8/9/2004, Vol. 25 Issue 47, p2 

    Reports that textiles manufacturer Dan River Inc. has field a plan of reorganization with the U.S. Bankruptcy Court. Aim to issue a common stock once the company exits from bankruptcy protection; Implications for senior manager and CEO Joseph Lanier Jr.

  • AMIS announces closures, job cuts for Q1. Taylor, Colleen // Electronic News;2/5/2007, Vol. 53 Issue 6, p54 

    The article reports on the plan of semiconductor manufacturer AMIS Holdings Inc. to implement job cuts and design center closures despite posting positive financial results for the fourth quarter of 2006. The company's restructuring plan includes a workforce reduction of a maximum of 85...

  • Dan River Closes 2 Plants as Losses Mount. Malone, Scott // WWD: Women's Wear Daily;11/12/2003, Vol. 186 Issue 100, p12 

    Dan River Inc. is planning to close its apparel fabrics weaving facility in Sevierville, Tennessee and its home fashions distribution center in Juliette, Georgia. The company has also reported a net loss of $103.5 million in its operations for the third quarter of 2003.

  • Dan River Files for Chapter 11 Protection.  // Textile World;May2004, Vol. 154 Issue 5, p12 

    The Danville, Virginia-based textile manufacturer Dan River Inc. has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code to facilitate restructuring of the company's debt. The company also has received a commitment for up to 145 million dollars in new debtor-in-possession...

  • Dan River Emerges From Chapter 11.  // Textile World;Mar2005, Vol. 155 Issue 3, p11 

    Dan River Inc. emerged from reorganization less than eleven months after filing for bankruptcy protection. The home fashions and apparel textiles manufacturer has received financing under a secured financing facility syndicated by Abelco Finance. The company also received an additional secured...

  • Taking stock at Dan River. Hogsett, Don // Home Textiles Today;5/17/2004, Vol. 25 Issue 36, p1 

    Reports on the plans and strategies of home textile company, Dan River Inc.'s chief restructuring officer and bankruptcy specialist, Woolard Harris in helping the company deal with bankruptcy problems. Formation of a management team; Operational problems at the company; Issues on company...

  • Dan River Cuts Operating Costs.  // Home Textiles Today;12/6/2004, Vol. 26 Issue 14, p19 

    Reports on the decision of home textile company Dan River Inc. to cut its operating costs in Danville, Virginia. Inventories held in check; Sales results in home fashions and apparel fabrics; Amount in plant closing expenses included in the third quarter results.

  • Abbott eyes 1,000 job cuts in diag units over next 4 years.  // Diagnostics & Imaging Week;8/28/2008, Vol. 11 Issue 35, p8 

    The article reports on the plan of Abbott Laboratories to cut 1,000 in its medical testing business. The job cuts are part of the company's efforts to reduce the spending of the business. Abbott will also transfer its manufacturing operations to Europe to save $150 million before taxes. The...

  • Newell closing Mexican plant. Miller, Joe // Rubber & Plastics News;4/4/2005, Vol. 34 Issue 18, p15 

    The article reports that Newell Rubbermaid Inc. will shut by the end of June a Mexican factory that makes rubber bath mats and start importing the mats from China to save money. The closing is part of the Atlanta-based company's 4-year-old restructuring plan, during which Newell Rubbermaid has...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics