Elevate Textiles Announces Closure of Finishing Plant in Burlington, N.C.

Elevate Textiles Inc., parent company of Burlington Industries, has announced the permanent closure of its finishing plant in Burlington, North Carolina by December 31, 2026. The decision affects approximately 150 employees and is attributed to shifting market dynamics and reduced production volumes despite efforts to identify new product lines. The closure marks a continued decline for North Carolina’s textile industry and poses challenges for the U.S. textile supply chain. Burlington Industries has historically served markets such as military, performance apparel, medical textiles, and workwear. The company recently modernized its Raeford facility in North Carolina to produce specialized fabrics used by various branches of the U.S. military. Elevate Textiles also owns other subsidiaries including American & Efird and Gütermann thread producers, Safety Components for first responders, and previously sold Cone Denim last year.

By Angela Velasquez Fri, July 24, 2026 at 10:08 PM GMT+3 2 min read · Yahoo Finance ·

Elevate Textiles Announces Closure of Finishing Plant in Burlington, N.C.

Tickers: $ETX

Topics: layoffs North Carolina economy plant closure textiles

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