BREAKING NEWS: Lanier Apparel announces plans for closure in 2021, displacing 40 employees

WNEG News has learned that another local industry will be closing its doors in 2021.

According to Stephens County Development Authority Executive Director Tim Martin, Lanier Apparel, located in Toccoa, has announced they are in the process of closing its doors.

Martin says the closure will displace around 40 employees.

Lanier Apparel is owned by Oxford Industries.

Chairman and CEO of Oxford Industries Thomas C. Chubb III wrote in a press release that quote “Our legacy Lanier Apparel business has been well run by an exceptional group of people. That said, Lanier’s business model does not fit our long-term vision for the enterprise and the challenges presented by the pandemic have amplified the misalignment. Exiting this business will result in a portfolio that is completely in synch with our strategy. I want to personally thank the dedicated employees of Lanier Apparel for their contributions to Oxford over the years,” end quote.

The closure is expected to happen during the second half of Fiscal Year 2021.

WNEG News will continue to follow this story and bring you updates as they become available.