TITLE

Unifi consolidating N.C. dyeing operations

PUB. DATE
April 2007
SOURCE
Furniture/Today;4/23/2007, Vol. 31 Issue 32, p46
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
24869173

 

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