Deal off to sell shuttered Unifi plant
August 29, 2008,
Greensboro, N.C. – In a filing with the SEC, Polyester and nylon textured yarn producer Unifi reported that Reliance Industries USA was terminating its agreement to buy the Unifi Kinston manufacturing plant.
Unifi had acquired the plant in Kinston, N.C. in September 2004 from Invista (previously a DuPont division), and shut down operations there last October, as part of a consolidation of excess capacity.
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