Unifi consolidating N.C. dyeing operations

April 2007
Furniture/Today;4/23/2007, Vol. 31 Issue 32, p46
Trade Publication
The article focuses on the consolidation of Unifi's dyeing operations in Reidsville, North Carolina. It has been stressed that the company will sale its polyester dyeing plant in Mayodan when the consolidation is completed. It will record a pretax impairment charge of $4.4 million to write down the value of its property. It will cut its asking price for the plants and machinery. It also expects to write-down $700,000 worth of inventory.


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