Vidalia Companies, Inc. Announces Workforce Reduction Amid Strategic Growth Plan for Increased Pima Yarn Production

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Vidalia Companies, Inc. Announces Workforce Reduction Amid Strategic Growth Plan for Increased Pima Yarn Production

PR Newswire

VIDALIA, La., Oct. 22, 2024 /PRNewswire-PRWeb/ -- Vidalia Companies, Inc. has announced the layoff of 35 employees as part of a strategic operational shift aimed at increasing productivity and enhancing Pima yarn production capabilities. While this decision was not taken lightly, it is a critical step to align our business with the evolving demands of the textile industry.

"While this is a challenging moment for our workforce, we are focused on building a stronger foundation for the future," said CEO Daniel Feibus "These operational upgrades will position us to be more competitive in the global market, ensuring our continued leadership in premium yarn production."

Vidalia is investing in the installation of advanced carding and opening equipment that will allow them to triple Pima yarn production. This expansion will be supported by significant investments in precision climate control and advanced filtration systems, ensuring that we continue to meet the highest standards of quality and efficiency. These enhancements will enable Vidalia to maintain their commitment to producing premium Pima yarn while scaling operations to meet growing market demands.

"While this is a challenging moment for our workforce, we are focused on building a stronger foundation for the future," said CEO Daniel Feibus "These operational upgrades will position us to be more competitive in the global market, ensuring our continued leadership in premium yarn production."

Vidalia will continue to prioritize innovation, quality, and sustainability in our operations. The investments in new technology and processes reflect Vidalia's dedication to delivering superior products and maintaining a sustainable and competitive edge in the textile industry. Vidalia anticipates expanding its workforce significantly to support 24/7 production beginning before year end and adding significantly to its hourly and salaried payroll.

For further information or media inquiries, please contact:

Mathew Lunsford, Vidalia Mills, 1 (318) 336-4812, m.lunsford@vidaliamills.com, https://vidaliamills.com

Ashley Lews, Vidalia Mills, 1 (318) 336-4812, a.lewis@vidaliapacific.com, https://vidaliamills.com

About Vidalia Companies, Inc.

Vidalia Companies, Inc. is a leading producer of premium yarn products, specializing in high-quality Pima yarns. Based in Vidalia, Louisiana, we are committed to excellence, innovation, and sustainability, delivering world-class products to our global customers.

Media Contact

Mathew Lunsford, Vidalia Companies, Inc., 1 (318) 336-4812, m.lunsford@vidaliamills.com, https://vidaliamills.com 

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SOURCE Vidalia Companies, Inc.