Guilford Mills.

• Position: Triad - Hurt by Kmart bankruptcy - Brief Article

Struggling with its own debt, Greensborobased textile maker Guilford Mills was socked in January with the Chapter 11 bankruptcy of Kmart, one of its main customers. That came less than a week after Guilford got an extension on an interest payment so it could continue trying to restructure its debt. Guilford subsequently laid...