Breaking News

DAK Retructures PSF Manufacturing

June 30, 2005

DAK Americas will close its Polykron Fiber Manufacturing Plant in Monterrey, Mexico after 40 years in operation on July 31, 2005. The facility, which produces polyester staple fiber, currently employs approximately 150 employees. DAK Americas will consolidate and transfer the polyester staple fiber products produced at the Polykron facility to its remaining manufacturing facilities in the U.S., located near Wilmington, NC and Charleston, SC. The closure of the facility will not impact the service levels provided to DAK's valued fiber customers in both the U.S. and Mexico, according to executives. "Restructuring DAK's fibers business will allow DAK to continue to produce the highest quality products, reduce its cost structure, and increase the operational efficiencies of its remaining PSF manufacturing facilities." said Jon McNaull, DAK Americas recently appointed Fibers Business Director. "DAK Americas will continue to serve its valuable fibers customers in both the U.S. and Mexico from its remaining PSF facilities in the U.S."

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