By  on October 19, 2011

RadiciSpandex Corp., the U.S. arm of Gandino, Italy-based Radici Group, is on the road to closing down its operations.

The company, which manufactures spandex yarn at its facility in Tuscaloosa, Ala., and provides finishing and distribution at its headquarters and distribution center in Gastonia, N.C., has given 60 days factory warning notice to its employees in Alabama and has advised employees in Gastonia of the likelihood of reductions in personnel over the next several months.

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