×
1 021
Fashion Jobs
CLINIQUE
Clinique Consultant - 18 Hrs - Kelowna, bc
CDI · Kelowna
OLD NAVY
General Manager -Toronto Premium Outlets - Halton Hills, on
CDI · Halton Hills
ESTÉE LAUDER COMPANIES
Operations Manager
CDI · Toronto
ESTÉE LAUDER COMPANIES
Manager, Supply Chain Finance
CDI · Markham
CLINIQUE
Associate Consultant - Clinique - Barrie, on
CDI · Barrie
ADIDAS
Manager, Platform Operations
CDI · Vaughan
ESTÉE LAUDER COMPANIES
Senior Solutions Business Analyst – Mes And Manufacturing Systems
CDI · Markham
CLINIQUE
Clinique - Consultant - Hbc, Park Royal, Vancouver, bc
CDI · Vancouver
CLINIQUE
Clinique - Consultant -Hudsons Bay - Montreal, qc
CDI · Montreal
CLINIQUE
Clinique - Consultant - Lasalle, Montreal , qc
CDI · Montreal
CLINIQUE
Clinique - Consultant -Hudsons Bay - Montreal, qc
CDI · Montreal
CLINIQUE
Clinique - Consultant - Hbc Bayshore in Ottawa, on
CDI · Ottawa
ADIDAS
Senior Financial Analyst, Adidas Brand
CDI · Vaughan
ADIDAS
Senior Financial Analyst, Adidas Brand
CDI · Vaughan
HUGO BOSS
Purchasing & Imports Administrator - Toronto
CDI · Ontario
ESTÉE LAUDER
Business Manager - Estee Lauder - Richmond, bc
CDI · Victoria
CLINIQUE
Associate Consultant - Clinique - Sarnia, on
CDI · Sarnia
CLINIQUE
Hrs - Clinique - Consultant at Hbc Bayshore, Ottawa, on
CDI · Ottawa
CLINIQUE
Clinique Consultant - 30 Hrs - Hudsons Bay Whiteoaks - London, on
CDI · LONDON
CLINIQUE
Clinique Consultant - 18 Hrs - Hudsons Bay Whiteoaks - London, on
CDI · London
CLINIQUE
Clinique Consultant - 39 Hrs - Montréal, qc
CDI · Montreal
ESTÉE LAUDER
Business Manager - Estée Lauder - Toronto, on
CDI · Toronto

Gildan Activewear to invest in North Carolina yarn mill

Published
today Oct 24, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Canadian manufacturer Gildan Activewear is investing in its yarn spinning mill in Eden, announcing the opening of its fifth state-of-the-art mill in North Carolina.

Gildan Activewear to invest in North Carolina yarn mill. - Facebook: American Apparel

 
The $5 million investment will contribute 85 jobs in Eden over the next year.
 
“We are very pleased to expand our operations in the Eden community and to invest in a new yarn spinning facility,” said Chuck Ward, president of Gildan Yarns, the yarn spinning division of Gildan Activewear. “This will be the company’s seventh yarn spinning facility in the US.”

The Montreal-based company received a performance-based grant of $250,000 from the One North Carolina Fund, which will help facilitate Gildan Yarn’s operation in Rockingham County, if Gildan meets the necessary job creation and capital investment targets. 
 
“Gildan Yarns’ decision further solidifies our leadership in the textile industry,” added North Carolina commerce secretary, Anthony M. Copeland.

“North Carolina has more textile manufacturers than any other state and a world-class pipeline of textile talent to continue Gildan’s global operations.”
 
Earlier this week, Gildan cut its full-year financial guidance, following disappointing preliminary third quarter sales, including a $50 million sales shortfall. 
 
For the full-year 2019, Gildan now expects sales to decrease in the low-single-digits compared to the prior year, while diluted EPS is projected to be in the range of $1.50 to $1.55.
 
Gildan’s previously reported guidance projected mid-single-digit sales growth and diluted EPS in the range of $1.80 to $1.85.
 

Copyright © 2019 FashionNetwork.com All rights reserved.