Greensboro, NC, October 20, 2005–Unifi Inc. said it is exploring various options, including a potential merger or sale of the company and restructuring of its outstanding debt.
The textile company said in a news release the alternatives included expansion into low-cost locations around the world and starting non-textile related businesses.
The company said it had cash-on-hand of $90.7 million at the end of the quarter ended Sept. 25.
Join Our Newsletter
Get the latest flooring industry news delivered weekly.