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Kayser-Roth to layoff approximatley 120 employees

January 30, 2025

Kayser-RothCorp., the Greensboro-based hosiery maker, informed the North Carolina Department of Commerce on Monday that it permanently closed its manufacturing facility in Asheboro on Jan. 24, resulting in the layoff of 116 workers.

"Kayser-Roth has decided, after painful consideration, to cease operations at its Asheboro, NC facility," CEO Gianni Orsini wrote in the company's Worker Adjustment and Retraining Notification (WARN) filing.

"Ongoing cost pressures have led to a reconsideration of Kayser-Roth's facility footprint and resulted in this decision," he wrote.

A Kayser-Roth spokesperson said the company had no further comment but confirmed that in addition to its headquarters at 102 Corporate Center Blvd. in Greensboro, the company has a manufacturing plant at 724 W. Interstate Service Road in Burlington and a distribution center in Lumberton in southeast N.C.

In its WARN filing on Monday, Kayser-Roth noted its employees are not union members and do not have "bumping rights" at its other facilities. It said all employees have been notified of the closure.

The company had 550 employees as of 2022, according to a filing with the U.S. Department of Labor.

But that was before it notified North Carolina authorities in September 2023 of plans to eliminate 126 jobs at its Lumberton facility. The company blamed declining demand for what the factory produced for the job eliminations.

Dating from the early 20th century and owned since the 1970s by a string of conglomerates and holding companies, Kayser-Roth makes and markets socks, hosiery, leggings, tops, sleepwear, personal protective equipment and commercial and industrial products for filters and drains. In 1999, it was acquired by Italian textile company Golden Lady.

Among its primary brands are Hue and No-nonsense.

This is third layoff notice in the Triad in the past week. PVH Corp., formerly known as Phillips-Van Heusen Corp., notified the N.C. Department of Commerce on Jan. 23 that it is permanently closing its facility in Jonesville in Yadkin County and will lay off 317 people by the end of the year.

Olon Industries notified the Commerce Department on Jan. 24 it plans to close its facility at 67 Biesecker Road in Lexington, with the first of 53 separations starting March 28 and ending by around May 30.

Source: Triad Business Journal