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“We have done all that we can over the years to keep our Mount Airy facility competitive in the global sock manufacturing industry,” said Mike Faircloth, president of global supply chain, information technology and e-commerce for Hanes. “Unfortunately, the higher costs of raw materials, including polyester, in the Western Hemisphere, necessitate that we realign our global sock manufacturing. We have a great workforce and management team at the plant who have been instrumental in keeping the facility productive for four decades. We regret the need to close the facility, and we hope to mitigate the impact by placing as many employees who want jobs in our distribution centers.”

To remain cost competitive, the company said it will begin purchasing some of the socks it makes in its El Salvador sock plant in Central America from large-scale specialty producers in Asia.

The Mount Airy production will move to the available capacity in El Salvador.