Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
November/December 2015 November/December 2015

View Issue  |

Subscribe Now  |


From Farm To Fabric: The Many Faces Of Cotton - The 74th Plenary Meeting of the International Cotton Advisory Committee (ICAC)
12/06/2015 - 12/11/2015

Capstone Course On Nonwoven Product Development
12/07/2015 - 12/11/2015

2nd Morocco International Home Textiles & Homewares Fair
03/16/2016 - 03/19/2016

- more events -

- submit your event -

Printer Friendly
Full Site
Nonwovens / Technical Textiles

Unifi Sells Technical Fabrics Subsidiary To Avgol Nonwovens

Unifi Inc., Greensboro, N.C., has reached an agreement in principle to sell the assets of its wholly owned subsidiary, Unifi Technical Fabrics LLC (UTF), to Israel-based Avgol Nonwovens Industries. Under the agreement, Avgol will take control of UTFs facility in Mocksville, N.C.While we appreciate the long-term growth potential of the nonwovens business, the next phase of the UTF growth plan called for significant additional capital investment, said Billy Moore, CFO, Unifi.We felt that at present, our company and shareholders would best be served by focusing our capital resources on our core businesses and using the proceeds from this sale to reduce debt.

August 2001