Cone Mills To Lay Off 250 in S.C.
GREENSBORO, N.C. (AP) _ Cone Mills Corp. will trim 250 positions from a dyeing plant in South Carolina as demand for printed home-furnishings fabric has declined.
The plant in Carlisle, S.C., which employs about 1,070 people, will eliminate about 200 hourly and 50 salaried positions in the coming weeks, Cone Mills announced Wednesday. Some positions will be eliminated as early as month’s end.
The 1.3 million-square-foot plant provides commission dyeing, printing and finishing services for fabric used in home furnishings and apparel.
``In recent years, Carlisle’s product mix has changed substantially,″ said Anthony Furr, Cone’s chief financial officer. ``In addition, volume has declined due to both lower cyclical demand for printed home-furnishings fabrics and the company’s decision to streamline apparel fabrics product lines to improve efficiency and effectiveness.″
Cone Mills, the world’s largest denim maker and North America’s largest commission printer of home-furnishings fabrics, announced a companywide restructuring in recent months. The company made announcements earlier this year to trim its work force by 1,200 workers to about 5,000 employees. Lower denim sales has accounted for much of Cone’s recent sales shortfall.