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Jim Allen

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End of an era: After 112 years, Cone Denim's White Oak plant will close in Green
10/19/2017 5:29:21 PM

End of an era: After 112 years, Cone Denim's White Oak plant will close in Greensboro

GREENSBORO — Another pillar fell Wednesday.

Another piece of the city’s business identity is history.

Just like Lorillard Tobacco Co., which was broken up and sold.

Just like Dillard Paper Co., gone.

Jefferson-Pilot Corp., acquired.

Guilford Mills Inc., gone.

And Cone Denim will soon close its last Greensboro plant.

The plant that put the jeans in “Jeansboro” will end its run Dec. 31.

After 112 years of operation, International Textile Group announced Wednesday that its Cone Denim White Oak plant will close, resulting in about 200 people losing their jobs and a void in the city’s manufacturing tradition.

As millions of consumers wore jeans made at the plant, thousands of Greensboro workers raised families for more than 100 years on wages they earned at White Oak, building a culture and a corporate legacy that now survives only as a brand name in the city of its origin.

For the first time since the late 1800s, Greensboro workers will no longer make a product under the name Cone, one of the city’s indelible founding families.

White Oak, once the world’s largest denim plant at 1.6 million square feet with 2,500 workers at its peak, has been hailed in recent years as an innovative survivor in an economy that has been brutal for the textile industry, using its vintage looms to make denim in small batches for high-fashion jeans.

http://www.journalnow.com/business/business_news/local/end-of-an-era-after-years-cone-denim-s-white/article_59a61512-7bef-57b0-b891-295c0be7ca61.html?utm_medium=social&utm_source=facebook&utm_campaign=user-share

May Wisdom and the knowledge you gained go with you,



Jim Allen III
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Chuck Bartok

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RE: End of an era: After 112 years, Cone Denim's White Oak plant will close in Green
10/19/2017 5:37:12 PM
I wonder how much of this statement is true?

"The North American Free Trade Agreement virtually destroyed the textile industry in the Piedmont Triad beginning around 1994, sending production to cheaper operations in Mexico. Subsequent trade deals would send production
around the world to plants in Asia"

I tend to think very TRUE.
Chuck & Shirley Bartok Northern California http://bestbusinessmindset.com http://youcanbuildit.info 530-798-0245
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