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  September 5, 2001
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Home > Company Index > Manufacturing > Textile Manufacturing > Unifi, Inc.

Unifi, Inc.
NYSE: UFI
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 PROFILE
Unifi spins more yarns than Mark Twain. The company makes polyester and nylon yarns and sells them to more than 1,500 customers. Unifi's polyester yarns are used in apparel, industrial, home furnishing, and auto upholstery fabrics. Nylon yarns are used to make hosiery and socks. It buys unfinished yarn, usually in the form of raw polyester or nylon filament fiber, and treats it to draw out various physical qualities, depending on the yarn's use. Subsidiary Unifi Technology Group provides consulting services to US manufacturers. The company buys most of its raw materials from DuPont. Sluggish nylon yarn sales have contributed to Unifi's profit shrinkage.

 COMPETITION
Guilford Mills, Inc. (GFD)
Milliken & Company Inc. (dossier)
Parkdale Mills, Inc. (dossier)

 DEALS
Deal: Unifi Technology Group Partners With Gensym
Date Announced: 05.17.01
Value of transaction (US $Mil): Not Disclosed
Description: Manufacturing industry applications developer partners with e-business infrastructure software firm to develop new service for manufacturers.

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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2001 Sales (mil.): 1,119.60
1-Yr. Sales Growth: (12.6)%
Employees: 6,680
Revenue per employee: $167,604.79

 KEY PEOPLE
• Brian R. Parke
    CEO
• Willis C. Moore
    CFO

 CONTACT INFO
7201 W. Friendly Ave.
Greensboro, NC 27410
US
Phone: 336-294-4410
Fax: 336-316-5422
Online: Web Site

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