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September 23, 2013
08:42 EDTGILGildan Activewear announce planned major investment in yarn-spinning facilities
Gildan Activewear announced that it is evaluating potential sites in the Southern U.S. for the construction of two additional yarn-spinning facilities, to support its projected sales growth and further reinforce its position as a global low-cost manufacturer. The facilities will be built with the most modern product technology, which will continue to differentiate the product quality of Gildan branded products. The company currently expects to invest in excess of $200M during FY14 and FY15 for the construction and ramp up of these new facilities. This investment will be made in addition to the investments announced on November 29, 2012 for a new ring-spun yarn manufacturing facility in Salisbury, N.C., and the refurbishment and modernization of the Company's open-end facilities in Clarkton, N.C. and Cedartown, GA.
News For GIL From The Last 14 Days
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December 19, 2014
08:38 EDTGILGildan Activewear names James Kehoe Chief Financial and Administrative Officer
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December 8, 2014
08:50 EDTGILGildan Activewear announces plan to buy back shares through private agreements
Gildan Activewear announced that it intends to purchase for cancellation up to 1,525,000 of its common shares pursuant to private agreements between Gildan and an arm's-length third-party seller. The purchases will form part of Gildan's normal course issuer bid which provides authorization for the purchase of up to 6.1 million shares announced on December 4, 2014. Such purchases will be made pursuant and subject to the terms of an issuer bid exemption order issued by the Ontario Securities Commission and will take place before December 7, 2015. In accordance with the order, Gildan's purchases under such private agreements will not exceed, in the aggregate, one-third of the maximum number of shares that it may purchase under its recently announced share repurchase program, or 2,033,333 common shares.

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