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Dan River Purchases Glenn Manufacturing Facility

Dan River Inc., Danville, Va., has purchased all of the assets of Home Innovations Glenn Manufacturing facility, Morven, N.C., for a reported price of $2.4 million. Glenn Manufacturing is a 315,000-square-foot sewing and distribution facility that manufactures home fashion textiles products such as sheets, pillowcases and comforters.This acquisition gives us needed manufacturing capacity, which will enable Dan River to better serve its growing home fashions business, said Joseph L. Lanier Jr., chairman and CEO of Dan River. In addition to Glenns existing capacity, we intend to expand production at the facility by adding new machinery and increasing employment.

February 1999