ent has approximately 350 customers, its Nylon segment has approximately 170 customers and its International segment has approximately 590 customers in various geographic markets. The company’s net sales within its Nylon Segment are materially dependent upon Hanesbrands, Inc., a domestic customer that accounted for approximately 31% of the Nylon Segment’s net sales for fiscal year 2015. Suppliers The primary raw material supplier for the Polyester Segment is NanYa for Chip and POY. For the International Segment, Reliance Industries, Ltd (Reliance) is the main supplier for POY. The primary suppliers of POY to the Nylon Segment are HN Fibers, Ltd., U.N.F. Industries Ltd. (UNF), UNF America, LLC (UNF America), Invista S.a.r.l. (INVISTA), Universal Premier Fibers, LLC, and Nilit US (Nilit). (Each of UNF and UNF America is a 50/50 joint venture between the Company and Nilit.). Sales and Marketing The company employs an internal sales force of approximately 40 persons operating out of sales offices in the U.S., Brazil, China, El Salvador, and Colombia. The company relies on independent sales agents for sales in various other countries. Joint Ventures The company participates in Parkdale America, LLC, which is a joint venture between the company and Parkdale Incorporated that is a domestic cotton and synthetic spun yarn manufacturer. Strategy The company’s strategy of enriching its product mix through a focus on PVA products helps insulate it from the pressures of imports of low-priced commodity yarn and helps to establish the company as an innovation leader in its core markets. Competition The Company’s major competitors for polyester yarns are O’Mara, Inc. and NanYa Plastics Corp. of America (NanYa) in the U.S.; AKRA, S.A. de C.V. in the NAFTA region; and C S Central America S.A. de C.V. in the CAFTA region. The company’s major competitors in Brazil include Avanti Industria Comercio Importacao e Exportacao Ltda., and Polyenka Ltda. The company’s major competitors for nylon yarns are Sapona Manufacturing Company, Inc. and McMichael Mills, Inc. in the U.S. Environmental Matters The company is subject to various federal, state, and local environmental laws and regulations limiting the use, storage, handling, release, discharge, and disposal of various hazardous substances and wastes used in or resulting from its operations (and to potential remediation obligations thereunder). These laws include the Federal Water Pollution Control Act; the Clean Air Act; the Resource Conservation and Recovery Act (including provisions relating to underground storage tanks);and the Comprehensive Environmental Response, Compensation, and Liability Act, commonly referred to as Superfund, and various state counterparts. The company’s operations are also governed by laws and regulations relating to workplace safety and worker health, principally the Occupational Safety and Health Act and regulations thereunder, which, among other things, establish exposure standards regarding hazardous materials and noise standards, and regulate the use of hazardous chemicals in the workplace. The company’s operations are also governed by laws and regulations relating to workplace safety and worker health, principally the Occupational Safety and Health Act and regulations thereunder, which establish exposure standards regarding hazardous materials and noise standards, and regulate the use of hazardous chemicals in the workplace. History Unifi, Inc., a New York corporation, was founded in 1969.
unifi inc (UFI:New York)
7201 West Friendly Avenue
Greensboro, NC 27419
|Albany International Corp||$34.84 USD||+0.06|
|Culp Inc||$23.35 USD||+0.26|
|Interface Inc||$16.10 USD||+0.57|
|Lydall Inc||$26.76 USD||+0.22|
|Dixie Group Inc/The||$4.09 USD||-0.18|
|View Industry Companies|
Sponsored Financial Commentaries
To contact UNIFI INC, please visit www.unifi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.