UNIFI®, Makers of REPREVE®, Completes Sale of Non-Strategic U.S. Real Estate for Gross Proceeds of $60 Million
Business Wire•29/10/2026•07:00 ET
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Key Highlights
- ➤UNIFI (UFI) completes $60 million sale of two non-strategic North Carolina real estate assets
- ➤$55.5 million term loan fully repaid using transaction net proceeds
- ➤Sale includes 120 acres and 500,000 square feet of warehouse space
- ➤Transaction preserves production capacity and customer service from Yadkin County campus
Expert Statements
Eddie Ingle, Chief Executive Officer of UNIFI, Inc.
“Completing this transaction is a landmark accomplishment for UNIFI and a powerful validation of our transformation strategy”
Eddie Ingle, Chief Executive Officer of UNIFI, Inc.
“We have successfully realized substantial value from assets outside our long-term strategic focus while preserving the production capacity and customer service capabilities that differentiate our business.”
Eddie Ingle, Chief Executive Officer of UNIFI, Inc.
“The transaction strengthens our balance sheet, significantly reduces debt, enhances liquidity, and provides the flexibility to invest in innovation, growth, and operational excellence.”
Eddie Ingle, Chief Executive Officer of UNIFI, Inc.
“We believe UNIFI is now better positioned to deliver sustainable profitable growth and create meaningful long-term value for our shareholders.”
UNIFI®, Makers of REPREVE®, Completes Sale of Non-Strategic U.S. Real Estate for Gross Proceeds of $60 Million
Transaction advances balance sheet transformation and financial flexibility while preserving current operations and customer service
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