More than 500 employees of a sock-making company in Mount Airy will lose their jobs this summer because their employer has opened a more modern facility in Honduras.
Gildan Activewear, formerly Kentucky Derby Hosiery, told 515 employees at two plants yesterday that the company is moving it's sock production to a plant in Honduras.
A Gildan spokesman says about 200 employees will work their last day at Gildan on July 31st, while more than 300 can stay on the job through August 31st.
Employees were informed of the decision yesterday morning and told to take the day off.
In December 2006, 268 people were laid off when two other plants were closed. And in January, Gildan laid off 88 workers from its distribution center.
A company news release says Gildan, based in Montreal, will continue to knit socks at its facility in Hillsville, Virginia. Albright says he doesn't think any employees will offered positions in Hillsville.