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Unifi Manufacturing, Inc., a wholly owned subsidiary of Unifi, Inc., entered into a Real Estate Purchase and Sale…
UFIUnifi Inc
Unifi Manufacturing, Inc., a wholly owned subsidiary of Unifi, Inc., entered into a Real Estate Purchase and Sale Agreement to sell non-strategic industrial and land assets in Yadkin County, North Carolina, for $60.0 million. The buyer, Enovum Data Centers Corp., will deposit a $2.25 million earnest money escrow, with $1.0 million potentially becoming non-refundable if the inspection period is extended. Closing is scheduled 45 days after the September 15, 2026, expiration of the inspection period. The transaction's net book value was less than $5.0 million as of June 28, 2026. Proceeds will repay term loans under the company’s credit agreement to deleverage and optimize its balance sheet. Unifi, Inc. is a global leader in fiber science and sustainable synthetic textiles.