Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

Textile World Photo Galleries
May/June 2015 May/June 2015

View Issue  |

Subscribe Now  |


3-D Fabrics - 6th World Conference on 3-D Fabrics and Their Applications
05/26/2015 - 05/28/2015

Techtextil North America 2015
06/02/2015 - 06/04/2015

JEC Americas Composites Show & Conferences
06/02/2015 - 06/04/2015

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

WestPoint Stevens Announces Further Restructuring

WestPoint Stevens AnnouncesFurther RestructuringWestPoint Stevens Inc., West Point, Ga., has initiated new restructuring measures to improve profitability and cash flow. As a result, the company expects annual pre-tax savings of $10 million.[F]urther rationalization of our towel operations will free up capacity to support our expanding Basic Bedding Division. We are also streamlining our Retail Stores Division, closing non-performing stores, said M.L. Chip Fontenot, president and COO. November 2002