VF Corporation will invest nearly $7.5 million to expand its Workwear manufacturing facility in Henning, Tennessee and locate a new distribution facility in Covington, creating over 220 jobs.
VF Corporation will invest up to $52 million to open a new distribution center in Jonestown, Pennsylvania, creating more than 175 new jobs. The facility will support distribution for Vans, The North Face and Timberland brands and is expected to be operational by early 2019.
VF Corporation has partnered with Reliance Industries Limited (RIL) to produce moisture-control denim for its Wrangler brand using RIL's Kooltex fabric. The product is expected to launch in Asian markets by Spring/Summer 2018.
VF Corporation completed its acquisition of Williamson-Dickie Mfg. Co., a family-owned workwear company, for $820 million in cash. Williamson-Dickie becomes a wholly owned subsidiary of VF.
VF Corporation signed a definitive merger agreement to acquire Williamson-Dickie Mfg. Co., a family-owned workwear company, for approximately USD 820 million in cash. The acquisition includes brands like Dickies, Workrite, Kodiak, Terra, and Walls, and is expected to close in Q4 2017.
Reliance Industries Ltd (RIL) entered a partnership with VF Corporation to co-brand R|Elan high-performance fabrics, with VF launching the Inficool denim range made from Kooltex fabric for Spring Summer 2018 in Asian markets.
| Site | Largest | Latest |
|---|---|---|
| Henning and Covington, United States | $7.50M | 2019-09-13 |
| Jonestown, United States | $52.0M | 2018-01-18 |