BELTON, S.C. (AP) -- Officials with Blair Mills in Belton say the textile plant will close by the end of the year, eliminating 250 jobs.
Company president Billy Rice said the business makes towels for hotels and other businesses and has operated for 102 years.
Rice told the Anderson Independent-Mail the company has signed an agreement to sell the business to 1888 Mills in Griffin, Ga.
Rice said 1888 Mills has a facility in Georgia and in Pakistan and doesn't need the Belton plant. 1888 Mills will get the patent that Blair Mills holds for a process of making towels with colors that withstand bleach.
He said 1888 Mills' global operation will be able to better serve Blair Mills' customers.
Rice says he will try to help his employees get jobs at other plants.