Breaking News

Performance Fibers Expands Operation

December 4, 2007

Acquisition includes Invista's industrial filament and tire cord businesses.

An affiliate of Performance Fibers Holdings, Inc. has signed a definitive agreement to acquire the North American tire cord and polyester industrial filament businesses of Invista and its affiliates. Included in the sale are manufacturing facilities in Salisbury, NC, Shelby, NC and Winnsboro, SC as well as industrial polyester, industrial nylon 6 and tire cord fabric-producing assets currently operating inside Invista’s Querétaro, Mexico site. The purchase agreement was signed on Nov. 30, 2007. Terms of the agreement were not disclosed.  
Affected operations include the manufacturing of industrial polyester and nylon 6 fibers for use in a wide range of end uses such as tires, power transmission and conveyor belts, sewing thread, auto safety, rope, cordage, netting and fabrics for tires.  INVISTA Querétaro’s PET Resin business and its contract manufacturing operations for fine denier staple are not included in the agreement.

  • Meltblown Nonwovens Report

    Meltblown Nonwovens Report

    Karen McIntyre, editor||November 11, 2015
    Often overshadowed by its older brother, spunbond, meltblown nonwovens continue to expand in a number of areas.

  • Filtration  Market Update

    Filtration Market Update

    Karen McIntyre||November 11, 2015
    Growth continues to be robust across all categories as new products and investments boost innovation.

  • The Feminine Hygiene Market

    The Feminine Hygiene Market

    Tara Olivo, associate editor||November 11, 2015
    Manufacturers of femcare products are overcoming growth challenges with marketing, education and new technologies.