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Fiber World

Unifi Puts Kinston Facility Back On The Market

Reliance Industries USA Inc. — the US arm of India-based Reliance Industries Ltd. — has backed out of its agreement with Unifi to purchase Unifi Kinston LLC, a polyester manufacturing facility located near Kinston, N.C. As a result, Unifi retains the right to sell the Kinston facility assets for up to two years.

September/October 2008