WWD.com/globe-news/retail-business/cone-cuts-capacity-at-denim-plant-1978029/

ATLANTA—The Cone Denim division of International Textile Group Inc. is reducing the capacity at its White Oak plant in Greensboro, N.C., which is expected to result in a layoff of approximately 150 employees there. Cone Denim said the layoffs will take place by the first week in December, leaving the 102-year-old facility with a workforce of approximately 550 people.

Delores Sides, director of corporate communications and human resources, said the reduction in volume is a direct result of increasing trends for U.S. retailers to seek imported denim fabrics and garments.

“The plant’s focus has been and will continue to be on product development and higher-end premium denim fabrics,” she said. “Going forward, White Oak will increasingly focus on these higher-end styles where we can be competitive and transition away from commodity styles. From a product  development, quality and efficiency standpoint, the White Oak plant is positioned to be competitive.”