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Unifi doubles net income in first quarter.

Unifi has about 1,330 production employees in Yadkinville and more than 250 in Rockingham County. ....

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U.S. Polyester Textured Yarn Producers Welcome Final Affirmative Antidumping Duty Determinations On Imports Of Polyester Textured Yarn From Indonesia, Malaysia, Thailand, And Vietnam

/PRNewswire/ Today, the U.S. Department of Commerce (the "Commerce Department") announced its final determinations that imports of polyester textured yarn. ....

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U.S. Polyester Textured Yarn Producers Welcome Final Affirmative Antidumping Duty Determinations On Imports Of Polyester Textured Yarn From Indonesia, Malaysia, Thailand, And Vietnam

/PRNewswire/ Today, the U.S. Department of Commerce (the "Commerce Department") announced its final determinations that imports of polyester textured yarn. ....

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Worker Shortage Cripples Industry Resurgence

Worker Shortage Cripples Industry Resurgence
textileworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from textileworld.com Daily Mail and Mail on Sunday newspapers.

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Increased global sales boost Unifi to modest quarterly profit increase


A modest increase in global sales enabled Unifi Inc. to continue its string of profitable quarters.
Unifi reported after the stock market closed Wednesday net income of $4.7 million, compared with a loss of $41.1 million in the third quarter of 2020.
The Greensboro yarn manufacturer reported a year ago a $45.2 million investment impairment related to receiving $60 million in cash from selling its 34% stake in Parkdale America LLC to majority owner Parkdale Inc.
Diluted earnings were 25 cents a share, compared with a loss $2.23 cents a year ago.
The average earnings forecast was 16 cents by two analysts surveyed by Zacks Investment Research. Analysts typically do not include one-time gains and charges in their forecasts. ....

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