Noi Mahoney
Tuesday, November 5, 2019
Gildan closes two textile plants in Mexico, lays off 1,700 workers
Gildan Activewear is closing its operations in Mexico and laying off 1,700 employees at two plants in Sonora, the state across the U.S.-Mexico border from Arizona. “As we looked at our cost structure in the future, we feel that we can achieve a much lower cost by limiting the facilities,” CEO Glenn Chamandy told analysts […]