November 21, 2017 11:35 AM ET

Textiles, Apparel and Luxury Goods

Company Overview of Parkdale Mills, Inc.

Company Overview

Parkdale Mills, Inc. manufactures spun yarns. It offers knitting, weaving, military, hosiery, and home furnishing yarns. The company was founded in 1916 and is based in Gastonia, North Carolina with plant locations in the United States. Parkdale Mills, Inc. operates as a subsidiary of Parkdale Incorporated.

531 Cotton Blossom Circle

Gastonia, NC 28054-5245

United States

Founded in 1916

Phone:

704-874-5000

Fax:

704-874-5175

Key Executives for Parkdale Mills, Inc.

Chief Executive Officer
Age: 60
President
Chief Financial Officer
Age: 58
Founder of US Cotton LLC, President of US Cotton LLC and Chief Executive Officer of US Cotton LLC
Age: 73
Vice President of Hosiery Sales
Compensation as of Fiscal Year 2017.

Parkdale Mills, Inc. Key Developments

Parkdale Mills to Close its Yarn Plant in Eastern N.C

Parkdale Mills is closing its yarn plant in eastern North Carolina for business reasons, a move that impacts 97 employees. The phasing out of the plant will take several weeks, to be complete by June 10, 2017. While the company says certain employees may be offered transfer opportunities, there are no specifics as to how many will be offered jobs at other plants.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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