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                                                                    EXHIBIT 99.2

[Springs Letterhead]                                                News Release


Springs Industries, Inc.                    Contact: Betty Turner
P.O. Box 70                                          Director - Public Relations
Fort Mill, SC 29716                                  803/547-3738 office
                                                     704/362-0316 home

FOR IMMEDIATE RELEASE                                September 30, 1998

                       Springs to Consolidate Production
                     Invest $26 million in Spalding County

     Fort Mill, S.C. -- Springs Industries, Inc. will consolidate and modernize 
its Griffin, Ga., towel weaving and yarn operations as the second phase of its 
previously announced $67 million towel manufacturing modernization program.

     The company will invest over $26 million to modernize and expand its 
Griffin Plant No. 5. Production from Griffin Plant No. 1 will be consolidated 
into Plant No. 5 beginning in January 1999, with expected completion in 
mid-1999. As the first phase of the program, Springs said last March it would 
spend $40 million on new facilities and equipment at its Hartwell, Ga., 
operations, where construction is underway.

     Springs' modernization plan includes adding 55,000 square feet of 
manufacturing space for weaving and yarn storage at Plant No. 5, adding nearly 
200 jobs. While closing Plant No. 1 will affect approximately 500 associates, 
they will receive priority for vacancies at other Springs plants as turnover 
allows. Other nearby Springs facilities include: Plant No. 2, Griffin Finishing 
Plant, and the baby products plants located on Carver Road in Griffin and in 
Jackson. Associates who are not offered other employment or who are awaiting a 
position will be eligible for severance pay in addition to unemployment 
compensation and all accrued benefits.

     Site preparation for the expansion at Plant No. 5 is underway and 
construction will begin soon. In addition to the equipment that will be 
transferred from Plant No. 1, new state-of-the-art towel manufacturing 
machinery will be installed. Plant No. 1, originally built in 1888, is outdated 
and not suitable for modernization, according to Springs officials.


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     "We are proud to significantly increase our commitment to Spalding County 
with this $26 million investment," said Thomas B. Gardner, senior vice 
president -- bath manufacturing. "By adding 200 jobs at Plant No. 5, combined 
with openings and normal turnover at our five other area Springs facilities, we 
expect to offer continued employment to most Springs associates. While we 
understand the difficulties this decision may create for some of our people, we 
are confident our investments in the Griffin community will make us more 
competitive, and thereby enhance the strength of our entire business."

     Springs entered the towel business in 1995 with the acquisition of Dundee 
Mills. Springs Industries (NYSE: Ticker symbol SMI) is a major manufacturer 
and marketer of home furnishings and specialty fabrics with headquarters in 
Fort Mill, S.C. The company operates facilities in 10 U.S. states and owns 
marketing and distribution subsidiaries in Canada and Mexico.