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Unifi To Use Tuntex Facility As Asian Sourcing Base

Unifi Inc., Greensboro, N.C., has formed a relationship with Thailand-based Tuntex (Thailand) Public Co. Ltd., whereby Unifi will use the Tuntex facility as a base for sourcing Unifi yarns in Asia. In return, Unifi will help Tuntex to expand the variety of polyester filament yarns it currently manufactures and also to refine its textured yarn processes.The two companies will maintain separate sales and distribution organizations, but they will cooperate to develop business opportunities and to increase global market sales.The agreements with Tuntex will establish an effective foothold into the market from which we can distribute high quality textured polyester yarns, particularly to supply the needs of western companies that have already shifted production to the region, said Mike Delaney, senior vice president, Unifi.

November 2002