|
Sourcing shift prompts Unifi expansion |
| Wednesday, 13 January 2010 |
|
|
|
Greensboro - A gradual shift in the overall sourcing cycle of commodity
knitwear from Asia to the Americas
has seen textured yarn maker Unifi respond with the creation of a new division
in Central America.
Called Unifi Central America, the unit will
be based in El Salvador and
joins other established sourcing divisions in the US,
China, Columbia
and Brazil.
Over the last couple of quarters, Unifi has
experienced increasing demand for its products from its domestic US sector and
particularly the Brazilian and Central American markets; so much so that it
experienced nearly 50% more in earnings than previously expected in its quarter
to September 2009.
To read the rest of this article, you must be a registered web-site member. Registration is free and only takes a few minutes by following this link. |