• Unifi Expands Global Reach of Premier Value-Added Products to Sri Lanka

    For Release: 6/16/2016

  • Greensboro, N.C.-- --

    Unifi, Inc. (UFI: NYSE), will expand global availability of REPREVE® recycled fiber and other Premier Value-Added (PVA) yarns through a new division in Sri Lanka, Unifi Textiles Colombo Private Limited (UTCL). Based in Colombo, Sri Lanka, the new expansion is expected to begin operations by the end of the third quarter in 2016.

    The expansion comes on the heels of Unifi’s announcement of new distribution channels in both Turkey and Taiwan, through KORTEKS and Sun Chemical, respectively.

    “UTCL demonstrates our commitment to operational excellence in our global supply chain,” said Tom Caudle, president of Unifi, Inc. “Our global footprint for PVA products includes the Americas, China, Turkey, Taiwan and now, Sri Lanka, which means that we can supply our customers anywhere in the world in which they choose to develop a program.”

    Jay Hertwig, vice president of global brand sales, marketing and product development for Unifi, added, “Built on high product quality and strong social and environmental standards, Sri Lanka is a compelling sourcing alternative in South Asia. UTCL will provide Unifi with the flexibility and speed-to-market required to respond to the ever-changing needs of our customers.”
  • Unifi, Inc. (NYSE: UFI) is a diversified producer and processor of multi-filament polyester and nylon textured yarns and related raw materials. The Company adds value to the supply chain and enhances consumer demand for its products through the development and introduction of branded yarns that provide unique performance, comfort and aesthetic advantages. Key Unifi brands include, but are not limited to: AIO® - all-in-one performance yarns, SORBTEK®, A.M.Y.®, MYNX® UV, REPREVE®, REFLEXX®, MICROVISTA® and SATURA®. Unifi's yarns and brands are readily found in home furnishings, apparel, legwear, and sewing thread, as well as industrial, automotive, military, and medical applications. For more information about Unifi, visit www.unifi.com, or to learn more about REPREVE®, visit www.repreve.com.

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