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Wednesday, October 9, 2024

Mayodan-based textile company laying off 81

A textile manufacturing company is consolidating its operations in Burlington with its facility in Mayodan, resulting in the closure of its Burlington facility, according to paperwork filed with the state. 

McMichael Mills was founded in 1993 in Mayodan and makes yarn for companies that produce shoes, socks, mattresses and medical clothing. Its Burlington-facility closure will happen in late April, laying off 81 employees. 

The affected employees are not part of a union and include four salaried supervisors, 75 hourly full-time workers and four part-time hourly workers. The company doesn’t have a bumping system, but employees were given the opportunity to transfer to the Mayodan facility. 

Mayodan is north of Greensboro in Rockingham County, which borders Virginia. The employees transferring to the Mayodan facility could bolster Rockingham County’s unemployment rate, which sat at 3.5% at the end of 2023 and reached a peak of 4.4% in 2023, according to Federal Reserve Economic Data. 

The unemployment rate in Burlington was 3.1% at the end of 2023 compared to 3.5% in the state. 

Other large employers in Alamance County include LabCorp, Walmart, Kayser-Roth and Carolina Hosiery Mills.

Cooper Metts
Cooper Metts
Cooper is a business reporting intern at Business North Carolina. He is working towards degrees in journalism and economics at the University of North Carolina at Chapel Hill. He can be reached at coopermetts315@gmail.com.

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