UniFi expects up to 250 job cuts

Madison UNIFI layoffs now up to 250; dozens of workers immediately let go, more to lose jobs later this year
UNIFI Inc., a leader in recycled and synthetic yarn production, will transition yarn production out of its Madison, North Carolina facility and place the property for sale in 2025
Unifi raises potential Madison plant job cuts from 91 to 250
Unifi Inc. disclosed Thursday its financial justification for closing its Madison yarn-production plant by early fall and eliminating 91 job positions beginning April 4. Second-quarter net sales and c
Unifi expects up to 250 job cuts as it winds down manufacturing in Madison
Unifi’s decision to close its Madison manufacturing facility is expected to cost up to 250 jobs there, the company said in a filing with the U.S. Securities and Exchange Commission late Wednesday.
Unifi to close Madison, North Carolina, manufacturing facility
Production activities at the facility will be consolidated to other Unifi properties in North and Central America.
Unifi closing Madison plant in latest consolidation move; 91 employees being let go starting April 4
The latest consolidation step for Unifi Inc. involves closing its Madison yarn-production plant and selling the 947,000-square-foot property by the end of 2025.
Unifi plant in Madison expected to close in September; 91 workers to be laid off
Ninety-one workers at Unifi will lose their jobs as a result. According to the warning notice, which was sent to the North Carolina State Department of Commerce, the company said the closure will take effect in late September. A Unifi spokesperson said production is being transferred out of Madison, North Carolina.
UNIFI Inc. closing plant in Madison, leaving nearly 100 jobless
A UNIFI Inc. production plant in Rockingham County is set to close after more than 30 years, leaving nearly 100 workers without jobs.The plant has been a part
Hosted on MSN2d
Unifi Shutters Massive Manufacturing Plant Near North Carolina's HQ
The Repreve producer will sell the Madison, N.C.-based 947,000-square-foot facility this year and will use the proceeds to ...
Unifi signals stronger H2 FY2025 performance with beyond apparel initiatives and cost optimization
For fiscal 2025, Unifi anticipates net sales to align with fiscal 2024, with profitability metrics improving year-over-year. However, manufacturing transition costs are expected to partially offset ...
Unifi reports Q2 EPS (62c) vs ($1.10) last year
Reports Q2 revenue $138.9M vs $136.917M last year. Eddie Ingle, Chief Executive Officer of Unifi (UFI), Inc., stated, “While our results for ...
sgbonline20h
Unifi Announces Second Quarter Fiscal 2025 Results
Unifi, Inc., maker of Repreve recycled and synthetic yarn, released operating results for the second fiscal quarter ended ...
Unifi, Inc. (UFI) Q2 2025 Earnings Call Transcript
Q2 2025 Earnings Call February 6, 2025 8:00 AM ETCompany ParticipantsAl Carey - Executive ChairmanEddie Ingle - Chief ...
Unifi announces U.S. manufacturing transition
Unifi (UFI) announced it will be transitioning yarn production out of its manufacturing facility in Madison, North Carolina, and placing the ...
'Devastating news' | Madison town manager reacts to closure of UNIFI plant
A Madison plant is set to close, impacting 250 workers, according to a US SEC document acquired by WFMY News 2.UNIFI Inc., a ...
Zacks.com on MSN1d
Unifi (UFI) Reports Q2 Loss, Tops Revenue Estimates
Unifi (UFI) came out with a quarterly loss of $0.86 per share versus the Zacks Consensus Estimate of a loss of $0.55. This compares to loss of $0.81 per share a year ago. These figures are adjusted ...