PROFILE |
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Family-owned Avondale has fabric in its genes . . . er, jeans. The vertically integrated company makes apparel fabrics (cotton and cotton blends, indigo-dyed denim, piece-dyed woven cotton), greige fabrics (undyed, unfinished cotton and cotton blends), specialty fabrics (such as coated materials for awnings and boat covers), and yarns. Leading apparel makers such as VF Corporation (maker of Lee and Wrangler jeans, among others) buy from Avondale; VF accounts for more than 15% of sales. Avondale operates 23 manufacturing facilities in Alabama, Georgia, and North and South Carolina. The company was founded in Georgia in 1895 and is headed by G. Stephen Felker, great-grandson of the founder.
COMPETITION |
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Cone Mills Corporation (COE)
Galey & Lord, Inc. (GNL)
R. B. Pamplin Corp. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: August
1999 Sales (mil.): 880.90
1-Yr. Sales Growth: (16.6)%
Employees: 6,800
Revenue per employee: $129,544.12
KEY PEOPLE |
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G. Stephen Felker
CEO
Jack R. Altherr
CFO
CONTACT INFO |
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506 S. Broad St.
Monroe, GA 30655
US
Phone: 770-267-2226
Fax: 770-267-5196
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