Huntersville-based textile manufacturer DuraFiber Technologies is closing its plants in Salisbury and Grover, a move that will result in the loss of over 460 jobs.
In a filing with the N.C. Commerce Department, the manufacturer said it is permanently closing its facility at 7401 Statesville Blvd. in Salisbury, resulting in the loss of 373 jobs. It is also shutting down the manufacturing site at 2525 Blacksburg Road in Grover, costing 89 employees their jobs.
This is part of the company’s effort to cut costs in a time when the textile industry faces an increasingly competitive environment, DuraFiber previously said in a statement. The company had previously said it would close the Salisbury and Grover sites unless it could find a buyer by Sept. 10.
The company is also shutting down its facilities in Winnsboro, S.C.
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“While today’s announcement is a difficult one to make, increased labor, energy, transportation and raw material costs, in addition to continued market pressures, have strained DuraFiber’s finances to a point that is no longer sustainable,” DuraFiber’s CEO Frank Papa said in the news release last Thursday. “Our team will work diligently to ensure a smooth transition for our employees, customers, and suppliers during the next 60 days, even as we continue to pursue strategic alternatives to keep these plants open.”
DuraFiber Technologies is a manufacturer of fibers, fabrics and sewing threads. It employs approximately 800 workers at its Salisbury, Shelby and Winnsboro plants and 1,800 employees globally. The company also has international operations in France, Germany and Mexico.
Wei Zhou: 704-358-5240