VF Jeanswear Limited, a subsidiary of VF Corp, has announced it will shut its laundry and finishing facility in Winston-Salem, North Carolina.

The wind-down will begin immediately and is due to be completed by 24 March next year. 391 jobs will be axed, VF said. All affected associates will be offered a package that will include some combination of severance pay, educational assistance for retraining, outplacement assistance, and other benefits.

"In order to improve our operational efficiency, it has become necessary to shift the laundry and finishing work being performed in Winston-Salem to locations outside the US that are closer to the plants that are producing the product," said Sam Tucker, VP-human resources for VF Jeanswear.

VF spokesman Paul Mason told just-style some of the work would be moved to Costa Rica. He added: "The vast majority of VF's plants are already located outside of the US - the only remaining facility is a denim cutting plant in Alabama."

VF shut a distribution facility in Lenexa, Kansas, in July, moving the work to its new facility in Visalia, California.

VF is the world's biggest jeans maker with brands including Wrangler, Lee, Rustler and Chic.

The company recently posted a 10% growth in third-quarter earnings.