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Cone Denim Cuts Operations At White Oak Plant

Greensboro, N.C.-based Cone Denim, a division of International Textile Group Inc. (ITG), has announced it will shut down the yarn operation and reduce some weave capacity at its White Oak Plant. The action, which is expected to be completed by the beginning of December, will impact some 150 employees.

“Our operation at White Oak remains the primary platform for servicing and growing the premium jeans market in the US and Europe,” said Delores Sides, director, corporate communications and human resources, ITG. “The premium segment has also been impacted by the slowing economy, and we are making changes at the plant to better align our operations with current demand and global cost pressures.”

Sides said going forward, the plant will purchase yarn externally for its weaving operation.

November/December 2008

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