Created: 10/27/2009 12:09:56 PM 
Winston-Salem, NC -- A local clothing company will be closing their door by the end of 2010, Hanesbrands Inc announced Tuesday.
Multiple media outlets reported Tuesday that the Winston-Salem company is shutting down its Hanes Mill Road plant because of steady drops in sheer-hosiery demand.
The company says changing fashion tastes and workplace dress codes have slowed sheer hosiery production to the point that it's no longer feasible to run the plant.
The company's sheer hosiery sales fell 14 percent last year and are down another 18 percent so far for 2009.
The company said 80 of the 240 employees will be reassigned to another plant while the remaining 160 will be laid off.
Hanesbrands' share price was down 3.19 percent to $22.76 per share at noon.
Over the past few years, Hanesbrand Inc has handed out more than 2,000 pink slips to Triad workers.
Timeline:
-- April 2009 - 440 jobs cut in Winston-Salem
-- 2008 - 720 jobs cut in Eden, 155 in Winston-Salem and 120 in Advance and Asheboro.
-- 2007 - 610 jobs cut in Winston-Salem and 70 jobs in Statesville.
-- 2006 - a plant closed in Lumberton during as part of a 2,200 job nationwide reduction.
Hanesbrands Inc. is a leading marketer of innerwear, outerwear and hosiery apparel under strong consumer brands, including Hanes, Champion, Playtex, Bali, Just My Size, barely there and Wonderbra.
More information about Hanesbrands Inc. may be found on the internet at http://www.hanesbrands.com.
AP/WFMY News 2
