Fruit of the Loom to move operations to Honduras
More than 600 workers will lose their jobs under Fruit of the Loom's plans to close its plant in Jamestown, U.S., and move to Honduras.
The company said it was moving the plant's textile operations to the Central American country to save money.
In a news release, the company said its decision was "to align its global supply chain to allow the company to leverage existing investments and meet customer requirements more timely and cost effectively."
Source: STL Today