Cross Creek Apparel Inc is scheduled to shut down its Mount Airy, North Carolina, factory this summer, leaving around 300 workers unemployed.
With this closure Government will loose out on nearly US $1 million worth of water and sewer income.
NC is the largest apparel and textile base in the country. But, as companies shift production units to countries offering low labor costs, the sector is struggling.
Experts predict that textile sector will keep losing jobs and openings will be available with only elite manufacturers.