Triad.

• Position: Regional Report

THOMASVILLE -- Bermuda-based Tyco International closed a plastics plant here and a warehouse in Greensboro. Tyco eliminated 80 jobs, leaving it with about 2,700 in the Triad. The plant made plastic liners for garbage bins and is one of six such plants that Tyco has closed in recent months.

WINSTON-SALEM -- Eau Claire, Wisc.-based Jennico2 planned to open a factory here in February. The company makes plastic bottles and private-label liquid detergents for grocery chains. It will employ 30 at first and could employ 110 if the plant reaches full capacity.

WINSTON-SALEM -- Krispy Kreme Doughnuts named Michael Phalen chief financial officer. He had been executive director of finance at CIBC World Markets, a Toronto-based investment bank.

REIDSVILLE -- Innofa, a Dutch maker of bedding fabric, opened a mill here. It employs five and could employ 10 by mid-2004. The company spent about $1.5 million to upgrade a former Burlington Industries plant.

HIGH POINT -- Kao Specialties Americas, part of Tokyo-based Kao, is building a $13 million, 18,000-square-foot polyester resin factory at its headquarters here. The resin is used in toner cartridges to bind ink to paper. Production capacity will double when the plant is finished in December, but no jobs will be added to the 140 Kao Specialties has here. The company expects sales of about $120 million in 2004.

GREENSBORO -- Yarn maker Unifi has named William M. Lowe Jr. chief financial officer. He had been CFO at Plymouth, Mich.-based Metaldyne, a $1.8 billion auto-parts maker.

BURLINGTON -- Krystal, a Chattanooga, Tenn.-based chain of 425 hamburger restaurants, opened its first Triad eatery here. It will employ 50 to 75. Krystal plans to open a restaurant in High Point this...