Unifi to Close Madison Plant, Cutting 250 Jobs

Unifi, the manufacturer of Repreve recycled yarns and resins, announced the closure of its Madison, North Carolina plant, resulting in the loss of approximately 250 jobs. Yarn production will be transferred to other facilities in North and Central America, as part of a plan to improve operational efficiency and strengthen the company’s overall performance.
The decision will enable Unifi to increase utilization rates at its remaining facilities, optimize fixed cost absorption, and support long-term profitability. Proceeds from the sale of the Madison plant will be used to pay down existing debt.
Eddie Ingle, Unifi’s CEO, expressed gratitude to the Madison facility’s employees and community, stating that Unifi will provide support and offer job opportunities at other North Carolina facilities to those affected by the closure.
“This move allows us to better align our manufacturing footprint with our growing customer base across North and Central America,” Ingle added. “It will enhance our cost structure, strengthen our balance sheet, and position Unifi for a more sustainable future.”
Unifi is a vertically-integrated manufacturer with operations in the USA, Colombia, El Salvador, and Brazil. The company is known for its innovative recycling technology that transforms post-industrial and post-consumer waste into sustainable products.