Gildan To Expand U.S. Manufacturing

Gildan Activewear Inc., Montreal, plans to invest more than $250 million to build two yarn-spinning
facilities, and expand and renovate a third plant in North Carolina to support projected sales
growth and bolster the company’s global low-cost manufacturer status. One plant will be built in
Salisbury and another in Mocksville. Gildan also will expand and renovate its Clarkton spinning

This latest expansion together with a previously announced expansion and facility upgrade
(see ”
Completes CanAm Acquisition, Expands Yarn-Spinning Operations
,”, Jan. 8, 2013)
are expected to generate more than 700 jobs
by the end of 2016.

November/December 2013