TITLE

WestPoint mulls its future

AUTHOR(S)
Hogsett, Don
PUB. DATE
June 2003
SOURCE
Home Textiles Today;6/9/2003, Vol. 24 Issue 39, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses the implications of the decision made by the home textile manufacturing company WestPoint Stevens Inc. to file for Chapter 11 under the U.S. bankruptcy law, during the first week of June 2003. Possibility that the company will be able to spend money to shut down plants and lay off workers; Possibility the company will spend the funds necessary to form overseas alliances and accelerate the sourcing of many products that it can no longer cost-effectively produce within the U.S.
ACCESSION #
9979653

 

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