One-hundred twelve years after being founded, Cone Mills’s White Oak Plant in Greensboro, North Carolina will shut its doors on December 31, 2017, making it the last selvage denim mill in the United States to close its doors.
International Textile Group announced this decision in a press release which you can read below:
International Textile Group/Press Release
“For more than 125 years Cone Denim has defined American denim and authenticity with the White Oak mill representing the essence of Cone’s heritage,” said Kenneth T. Kunberger, President & CEO of Cone Denim and International Textile Group. “We truly regret having to take this action to close the mill, and we deeply appreciate the loyalty and dedication of all current and former employees of the White Oak mill. Their talent, effort, innovation, dedication, and customer focus all combined to create a White Oak brand, heritage, and legacy that will forever be the heart of the Cone Denim business.”
The news comes just one year after ITG was bought by Platinum Equity, a private equity firm, in October 2016.
Having been operated continuously since its founding in 1905, the White Oak Plant has been hit hard by waning demand for shuttle-loomed fabric as customers have turned to cheaper fabrics from abroad.
However, Cone Denim has assured its customers that all orders will be honored up until the closing of the mill.
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