Business

Chatham tire fiber plant to close, lay off 200

Posted August 29, 2014 3:00 p.m. EDT
Updated August 29, 2014 3:14 p.m. EDT

— A maker of industrial polyester fibers and fabrics plans to close its Chatham County plant by the end of October, putting 200 people out of work, officials said Friday.

Performance Fibers Inc. wants to consolidate production of polyester tire yarn in its Salisbury plant, and up to 60 employees will be transferred from the New Hill plant to Salisbury.

Chatham County Manager Charlie Horne called the closure "unwelcomed news," but he said county economic development officials are already working on redeveloping the site for use as part of a "Moncure super industrial park."

County and state officials will work together to provide job search and retraining services to laid-off workers, Horne said.