Shogren Hosiery to lay off 235
Shogren Hosiery Manufacturing Co. Inc. will restructure its manufacturing operation in Concord, laying off 235 employees.
The company, which has been in Concord for 30 years, has a total of 338 workers.
Shogren, which produces hosiery for women and girls, says the restructuring will address a shift in consumer demand for the company’s nylon tights.
Shogren says it is exploring other sourcing options, shifting its manufacturing model from domestically manufactured products.
The layoffs, which will affect production workers, will occur gradually from January and April.
The company will work with local and state agencies to help those affected. It will also apply for federal benefits from the Trade Adjustment Assistance program, which offers job retraining to workers displaced by imports or a shift of production to other countries.
Source: BizJournals.com