Mount Vernon Mills closing one plant
June 17, 2005-- Home Textiles Today,
MAULDIN, S.C. -- Mount Vernon Mills, the 161-year-old operations believed to be the country’s oldest continually running textiles mill, is closing the Tallassee, Ala., plant where it manufactured greige fabrics for apparel and home textiles.
Ned Cochrane, vice president, secretary and general counsel, said the company will remain in these business segments, but is considering dropping some unprofitable customer-specific lines. He said the closing was necessary to better compete globally.Mount Vernon Mills is still evaluating to which of its other 14 operating plants throughout the Southeast it will move these greige fabrics operations.
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