WINSTON-SALEM, N.C. (AP) -- Hanesbrands Inc. says it will close nine plants across five countries and cut 8,100 staffers as it increases production in Asia in a cost-saving move.
The Winston-Salem-based maker of Hanes and Champion apparel says it is expanding its supply chain production capability in Asia and consolidating into fewer and larger plants in lower-cost countries.
It expects to close seven plants in the U.S. and Central America by the end of 2008 and will close one plant in Mexico and one in the U.S. in 2009. The company did not immediately identify which plants would be closed.
The moves will cost $76 million. Hanesbrands says it has now taken about $204 million of the $250 million in restructuring charges it expects to incur since it was spun off from food maker Sara Lee Corp. in 2006.
Hanes has about 50,000 employees in 25 countries.