Washington, North Carolina-based National Spinning, a supplier of raw white and fiber-dyed short staple and long staple spun yarns, has announced the closure of its spinning plant located in Whiteville, North Carolina.
The closure will impact 110 employees, with the plant closure scheduled for the first quarter of 2024.
According to a company spokesperson, “This decision was made after careful consideration of various factors, including a downturn in business over the past year due to increased imports of textile yarns and finished goods. National Spinning understands the impact this decision may have on our loyal employees, their families, and the local community."
President and CEO Jim Booterbaugh added, "The Whiteville associates have been model employees and friends. I deeply regret the closure, and our management team is appreciative of the service provided by our employees, many of whom have been with the Company for over 20 years. We will do all we can to support affected individuals in finding new employment.”
Booterbaugh says that they have gotten interest from prospective buyers regarding the property purchase and continuing textile manufacturing. That would be fantastic for our employees and a buyer who would inherit an experienced workforce,” Booterbaugh said in an email."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?
