Unifi Inc has announced that G Allen Mebane has retired from the company's board of directors. Mebane had resigned as Unifi's chairman of the board in October 2000, and agreed to serve on the board through a transitional period.

In announcing his decision to enter full retirement from the company he helped found in 1971, Mebane said that he was pleased with the smooth transition in leadership at the company.

"The leadership at Unifi today has taken the necessary steps to maintain the company's competitiveness and profitability in light of some very difficult business and economic conditions," said Mebane. "Now is the right time for me to take the final step to retirement and focus on other personal and professional interests."