By  on May 31, 2007

ATLANTA — Gildan Activewear will close two sock facilities in Mount Airy, N.C., as it continues to consolidate sock production at its new facility in Honduras.

The closings, which will be completed by the end of August 2007, effects approximately 520 employees. Gildan said the relocation of capacity to modern large-scale facilities offshore is necessary in order to be globally competitive with imports from Asia. Gildan, which is based in Montreal, will continue to knit socks at its one remaining facility in Hillsville, Va.

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