Unifi Purchases Assets of Dillon Yarn's American Drawtech Business

      Unifi Purchases Assets of Dillon Yarn's American Drawtech Business

Investment Supports Regional Growth and the Continued Success of the Company's
Premier Value Added Products

PR Newswire

GREENSBORO, N.C., Dec. 2, 2013

GREENSBORO, N.C., Dec. 2, 2013 /PRNewswire/ --Unifi, Inc. (NYSE: UFI)
announced today that it has purchased the assets of American Drawtech, a
division of Dillon Yarn Corporation, which were relocated to the Company's
Yadkinville, North Carolina, manufacturing facility in June 2013, as part of a
commissioning agreement between the two companies. Unifi purchased the
assets, which consist of draw winding equipment, as part of its mix enrichment
strategy that includes introducing REPREVE^® and other premier value-added
(PVA) products into the mid-tenacity flat yarn markets. The assets will
increase the Company's production capacity in the growing regional market,
which will allow Unifi to expand its presence in targeted industrial and
thread markets. Terms of the purchase were not disclosed.

"These additional assets will allow Unifi to increase its product offerings
into the industrial, belting, hose and thread industries by offering
mid-tenacity flat yarns," said Roger Berrier, President and Chief Operating
Officer of Unifi. "We will continue to offer all of the existing products and
services to all customers, while introducing more product options into these
markets, including REPREVE^® and other Unifi PVA products."

About Unifi:

Unifi, Inc. is a multi-national manufacturing company that produces and sells
textured and other processed yarns designed to meet customer specifications,
and premier value-added ("PVA") yarns with enhanced performance
characteristics. Unifi maintains one of the textile industry's most
comprehensive polyester and nylon product offerings. Unifi enhances demand
for its products, and helps others in creating a more effective textile
industry supply chain, through the development and introduction of branded
yarns that provide unique performance, comfort and aesthetic advantages. In
addition to its flagship REPREVE^® products – a family of eco-friendly yarns
made from recycled materials – key Unifi brands include: SORBTEK^®,
REFLEXX^®, AIO^® – all-in-one performance yarns, SATURA^®, AUGUSTA^®,
A.M.Y.^®, MYNX^® UV and MICROVISTA^®. Unifi's yarns are readily found in the
products of major brands in the apparel, hosiery, automotive, home
furnishings, industrial and other end-use markets. For more information about
Unifi, visit www.unifi.com; to learn more about REPREVE^®, visit
www.repreve.com.

CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS

Certain statements included herein contain forward-looking statements within
the meaning of federal securities laws about the financial condition and
results of operations of Unifi, Inc. (the "Company") that are based upon
management's beliefs, assumptions and expectations about our future economic
performance, considering the information currently available to management.
The words "believe," "may," "could," "will," "should," "would," "anticipate,"
"estimate," "project," "expect," "intend," "seek," "strive," and words of
similar import, or the negative of such words, identify or signal the presence
of forward-looking statements. These statements are not statements of
historical fact; they involve risk and uncertainties that may cause our actual
results, performance or financial condition to differ materially from the
expectations of future results, performance or financial condition that we
express or imply in any forward-looking statement.

Factors that could contribute to such differences include, but are not limited
to: the competitive nature of the textile industry and the impact of worldwide
competition; changes in the trade regulatory environment and governmental
policies and legislation; the availability, sourcing and pricing of raw
materials; general domestic and international economic and industry conditions
in markets where the Company competes, such as recession and other economic
and political factors over which the Company has no control; changes in
consumer spending, customer preferences, fashion trends and end-uses; the
financial condition of the Company's customers; the loss of a significant
customer; the success of the Company's strategic business initiatives; the
continuity of the Company's leadership; volatility of financial and credit
markets; the ability to service indebtedness and fund capital expenditures and
strategic initiatives; availability of and access to credit on reasonable
terms; changes in currency exchange rates, interest and inflation rates; the
ability to reduce production costs; the ability to protect intellectual
property; employee relations; the impact of environmental, health and safety
regulations; the operating performance of joint ventures and other equity
investments; and the accurate financial reporting of information from equity
method investees.

All such factors are difficult to predict, contain uncertainties that may
materially affect actual results and may be beyond our control. New factors
emerge from time to time, and it is not possible for management to predict all
such factors or to assess the impact of each such factor on the Company. Any
forward-looking statement speaks only as of the date on which such statement
is made, and we do not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date on which such
statement is made, except as may be required by federal securities law. The
above and other risks and uncertainties are described in the Company's annual
report on Form 10-K for the fiscal year ending June 30, 2013, and additional
risks or uncertainties may be described from time to time in other reports
filed by the Company with the Securities and Exchange Commission pursuant to
the Securities Exchange Act of 1934, as amended.

SOURCE Unifi, Inc.

Website: http://www.unifi.com
Contact: Roger Berrier, President & Chief Operating Officer, (336) 316-5672
 
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