A local uniform manufacturer ceased operations on short notice and laid off 125 employees this month.
Royal Park Uniforms notified the N.C. Commerce Department that the financial institution backing the uniform company had cut off funding, forcing the local manufacturer to shut its doors.
The letter said the financing entity "would no longer fund payroll or any other expenses past November 10, 2011 at 5 p.m."
"This was a complete shock and surprise to RPU ownership and management," the company said in its letter to the N.C. Commerce Department. "There was no indication that the financial entity that RPU was dealing with would take such a strong stand."
