By  on September 24, 2008

Hanesbrands Inc. will close nine plants in the U.S., Mexico and the Caribbean Basin in the next year, eliminating approximately 8,100 jobs and ending production of knit textiles in the U.S.

“We are making significant progress in expanding our supply chain capability in Asia and consolidating into fewer, larger facilities located in lower-cost countries around the world,” said Richard Noll, chief executive officer of the Winston-Salem, N.C.-based innerwear and hosiery firm. “Globalizing our supply chain, and eventually balancing production between Asia and the Western Hemisphere, is a critical plank in our strategic efforts to reduce costs, improve product flow and increase our competitiveness.”

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus