September 26, 2003 5:06 AM Subscribe
Levi Strauss to Shut Last Plants in U.S.
Levi Strauss & Co. said that it would close the last of its North American manufacturing plants, laying off almost 2,000 workers. San Francisco-based Levi, which is celebrating its 150th anniversary this year, said it would shutter two plants in San Antonio by the end of the year, displacing 800 workers there and marking the end of its U.S. manufacturing operations. And Cone Mills Corp., the world's largest denim fabric maker, has filed for Chapter 11 bankruptcy protection
and accepted a letter of intent from W.L. Ross & Co to purchase all of its assets in a $90 million transaction (more inside)
posted by matteo (18 comments total)
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