Gildan cuts 86 jobs in Newton
Fifteen months after Gildan Activewear Inc. bought GoldToeMoretz, the company is eliminating 86 jobs in Newton.
Workers at Gildan's Newton sock manufacturing facility learned last week that the company plans to close the production plant in 60 days, said Genevieve Gosselin, director of corporate communications for Gildan.
"Manufacturing operations will end by the end of September," she told The O-N-E. "Like any tough decision, this was a difficult one. It was necessary due to the low level of production which was below economic levels."
To read more of this story, pick up the weekend print edition of Catawba County's community newspaper, The Observer News Enterprise, at newsstands throughout the county.