Gildan To Expand U.S. Manufacturing

Gildan Activewear Inc., Montreal, plans to invest more than $250M to build two yarn-spinning facilities, and expand and renovate a third plant in North Carolina to support projected sales growth and bolster the company's global low-cost manufacturer status. One plant will be built in Salisbury and another in Mocksville. Gildan also will expand and renovate its Clarkton spinning plant.

This latest expansion together with a previously announced expansion and facility upgrade (see "Gildan Completes CanAm Acquisition, Expands Yarn-Spinning Operations," TextileWorld.com, Jan. 8, 2013) are expected to generate more than 700 jobs by the end of 2016.