Unifi Expands Global Reach of Premier Value-Added Products to Sri Lanka

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GREENSBORO, N.C., June 16, 2016 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI), will expand global availability of REPREVE® recycled fiber and other Premier Value-Added (PVA) yarns through a new division in Sri Lanka, Unifi Textiles Colombo Private Limited (UTCL). Based in Colombo, Sri Lanka, the new expansion is expected to begin operations by the end of the third quarter in 2016.

The expansion comes on the heels of Unifi's announcement of new distribution channels in both Turkey and Taiwan, through KORTEKS and Sun Chemical, respectively.

"UTCL demonstrates our commitment to operational excellence in our global supply chain," said Tom Caudle, president of Unifi, Inc. "Our global footprint for PVA products includes the Americas, China, Turkey, Taiwan and now, Sri Lanka, which means that we can supply our customers anywhere in the world in which they choose to develop a program."

Jay Hertwig, vice president of global brand sales, marketing and product development for Unifi, added, "Built on high product quality and strong social and environmental standards, Sri Lanka is a compelling sourcing alternative in South Asia. UTCL will provide Unifi with the flexibility and speed-to-market required to respond to the ever-changing needs of our customers."

About Unifi:

Unifi, Inc. is a multi-national manufacturing company that produces and sells textured and other processed yarns designed to meet customer specifications, and premier value-added ("PVA") yarns with enhanced performance characteristics.  Unifi maintains one of the textile industry's most comprehensive polyester and nylon product offerings.  Unifi enhances demand for its products, and helps others in creating a more effective textile industry supply chain, through the development and introduction of branded yarns that provide unique performance, comfort and aesthetic advantages.  In addition to its flagship REPREVE^® products – a family of eco-friendly yarns made from recycled materials – key Unifi brands include:  SORBTEK^®, REFLEXX^®, AIO^® – all-in-one performance yarns, SATURA^®, AUGUSTA^®, A.M.Y.^®, MYNX^® UV and MICROVISTA^®.  Unifi's yarns are readily found in the products of major brands in the apparel, hosiery, automotive, home furnishings, industrial and other end-use markets.  For more information about Unifi, visit www.unifi.com; to learn more about REPREVE^®, visit www.REPREVE.com.

REPREVE is a trademark of Unifi, Inc.

SOURCE Unifi, Inc.

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