By  on September 18, 2009

Hanesbrands Inc. said Thursday that it will exit the yarn business by selling three of its plants and closing a fourth.

The Winston-Salem, N.C.-based basics maker said it will stop production immediately at its yarn facility in Sanford, N.C., which has 150 employees. In addition, by yearend Hanesbrands will close two warehouses in North Carolina that have a total of 25 employees.

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