Due to sagging demand and low selling prices, DNA Textile Group announced Tuesday that the company will be exiting the denim business by the end of January 2018.
The privately held textile manufacturing company based in Columbus, Georgia said it plans to focus resources on its growing five-year-old Technical Fabrics and Custom Finishing Divisions.
In an email, DNA Textile Group President Monte Galbriath stated, “We regret having to make the decision to cease denim operations and are profoundly grateful to our denim team members who have invested their incredible talents and loyalty to DNA over these past 15 years. It is because of their outstanding efforts, willingness to change, and most importantly their commitment to innovation that our denim business carried on much further and longer than conventional wisdom called for, and for that I will always be grateful.”
The Made in USA company will honor all existing and open denim orders as of November 28, 2017. DNA stated that suppliers will be paid in full and the company will continue on as DNA Technical Fabrics. DNA will continue producing FR Denim and other specialty performance denims within the Technical Fabric Division.
The company said it will be working closely with state and local agencies to assist those affected in finding new employment. Layoffs in the denim decision will conclude by the end of January 2018.