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400 could be out of work as NC carpet plants close

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  • 400 could be out of work as NC carpet plants close

    400 could be out of work as NC carpet plants close


    The Associated Press
    Posted: Tuesday, Jan. 01, 2013

    ABERDEEN, N.C. A carpet company says it is closing two plants this
    summer, leaving almost 400 workers without jobs in Moore and Scotland
    counties.

    Gulistan Carpet told employees in a letter Friday it will file for
    bankruptcy and close its plants in Aberdeen and Wagram.

    On its website, Gulistan traces its roots back to an Armenian textile
    importer who founded his business in Turkey in 1818. The company
    bought the carpet plant in Aberdeen in 1957 and is now owned by
    Hampton Capital Partners LLC.

    Moore County Chamber of Commerce President Patrick Coughlin says his
    group is doing everything it can to help Gulistan find a buyer and try
    to save jobs.

    Moore County's unemployment rate was 8 percent in October, while
    Scotland County's rate was 15.7 percent.


    http://www.charlotteobserver.com/2013/01/01/3759383/400-could-be-out-of-work-as-nc.html#storylink=cpy

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