Unifi said it will transition yarn production at its facility in Madison, N.C. and plans to sell the property later this calendar year. The company said production activities currently taking place at the facility will be consolidated into facilities in North and Central America.

A manufacturing plant in Madison is planning to shut down later in 2025.Up to 250 workers at Unifi could lose their jobs as a result, according to the SEC. According to the warning notice, which was sent to the North Carolina State Department of Commerce,