Canada-based manufacturer of branded apparel Gildan Activewear Inc. is to close its two remaining textile facilities in Montreal, Canada, as well as cutting facility in Bombay, N.Y., in the fourth quarter of the current fiscal year. Two sewing facilities in Mexico, which are supplied with fabric from Gildan's Canadian textile operations, will be closed immediately. Subsequent to these closures, all of Gildan's vertically-integrated manufacturing for T-shirts, fleece, sport shirts and underwear will be consolidated into the company's manufacturing hubs in Central America and the Caribbean Basin.
Gildan will also relocate its corporate office, which is currently located in the same building as its Montreal knitting facility, into leased premises in the Montreal area.
Approximately 465 employees in Canada and the USA and 1,365 employees in Mexico will be affected by the restructuring.
