Return to Virginia Business - March 2005

For the Record

 

Virginia Businesses in the News

Cutbacks

CATEGORIES
IF YOU HAVE NEWS ...
• Mail it to:
For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293
• E-mail it to ForTheRecord@va-business.com
• Fax it to
(804)
649-6311

WestPoint Stevens, a West Point, Ga.-based textile company, announced plans to close its Drakes Branch plant with the loss of 450 jobs. The company cited removal of textile quotas from countries with low labor costs for adjustments the company is making, including several of its plants and laying off 2,465 workers. (PR Newswire)

 

Return to Virginia Business - March 2005