Invista Downsizes at Georgia Yarn Plant

Athens, GA, Dec. 26, 2008--The Invista yarn-processing plant in Athens has laid off 50 workers and has shut down operations until early next month, according to the Columbus Ledger-Enquirer.

The layoffs represent about a fourth of the work force at the Athens facility, where workers process yarn for the company's apparel and flooring businesses.

Severance packages are being offered to dismissed workers who do not transfer to other Invista locations.

William Jones, manager of the company's Athens site, said in a news release that the layoffs were brought about by a combination of increased raw material costs and lower demand.