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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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May 14, 2015
07:11 EDTGILGildan Activewear narrows FY15 EPS view to $1.50-$1.55 from $1.50-$1.57
Consensus $1.54. Backs FY15 revenue guidance of slightly above $2.65B.
07:11 EDTGILGildan Activewear sees Q2 adjusted EPS 43c-45c, consensus 46c
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07:08 EDTGILGildan Activewear reports Q1 adjusted EPS 24c, consensus 24c
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May 13, 2015
15:05 EDTGILNotable companies reporting before tomorrow's open
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