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Foss Manufacturing is purchasing a nonwovens operation owned by Beaulieu of America in Murray County GA

By |2019-05-05T19:27:40-04:00October 5th, 2016|Categories: Uncategorized|

The Dalton, GA newspaper is reporting that Foss Manufacturing is purchasing a nonwovens operation owned by Beaulieu of America in Murray County GA:  Read the press release here. AKC Note:  New Hampshire based Foss expanded their Georgia operations in 2012 with a nonwovens plant in Rome, GA in addition to an existing facility they operated in [...]

Chinese tire manufacturer Qingdao Sentury Tire Co has selected LaGrange Georgia for a $530 million car and light truck tire plant

By |2019-05-05T19:24:12-04:00September 9th, 2016|Categories: Uncategorized|

AKC Note:  It had been reported last month that Sentury was considering locations in Georgia and Tennessee and according to the report they have decided on Georgia. This provides more automotive based investment that will need additional volumes of polyester tire fabric and probably nylon 66 cap ply. There have been a number of announcements of [...]

Unifi held the official opening of their new bottle recycling center in Reidsville on September 7th.

By |2019-05-05T19:19:54-04:00September 8th, 2016|Categories: Uncategorized|

Read the press release here... AKC Note:  This will give Unifi the ability to produce their own bottle flake for supplying into the Repreve manufacturing center at Yadkinville. Repreve has been a very successful technical achievement and brand initiative for Unifi.. Alasdair Carmichael Carmichael International PO Box 3444 Spartanburg SC 29304 T: 864 583 6868 C: [...]

Invista advising of a $30 million investment in production capacity at its Camden, SC carpet filament plant.

By |2019-05-05T19:18:47-04:00September 7th, 2016|Categories: Uncategorized|

Read the press release here... AKC Note:  The investment is to provide increased flexibility at the Camden plant to produce solution dyed nylon (SDN) 66. It appears from the announcement that it is primarily targeted at the commercial markets, although the success of the latest "Stainmaster Pet Protect" SDN 66 for residential customers would also be [...]

Duro Textiles is closing its operation in Fall River, MA

By |2019-05-05T19:15:15-04:00September 2nd, 2016|Categories: Uncategorized|

Local media is reporting that Duro Textiles is closing its operation in Fall River, MA. Read the press release here... AKC Note:  Duro is one of the largest dyers, printers and finishers of fabric in the US. A large part of their business has been into military end uses and following the decline in the domestic [...]

Toray announced that they are to build an integrated plant to produce nylon fabric for airbags.

By |2019-05-05T19:01:06-04:00August 5th, 2016|Categories: Uncategorized|

  Read Press Release Here... At the time of the announcement we were unsure if the plant included extrusion, we thought it probably did, but were not 100% sure. On Thursday 28th an announcement was made in Japan confirming the plant would have a total capacity of 10,000 tons including nylon extrusion.                   Read Press Release Here... [...]

The Alpek group of Mexico has announced that they are in an exclusivity period to purchase stake in the polyester complex in Pernambuco state in Brazil.

By |2019-05-05T19:11:21-04:00August 4th, 2016|Categories: Uncategorized|

The Alpek group of Mexico has announced on its website that they are in an exclusivity period to purchase the Petrobras stake in the polyester complex in Pernambuco state in Brazil. The 2 main businesses are Petoquimica Suape and Citepe. The exclusivity period is an initial 60 days with the provision of an extension of a [...]

DAK Americas announce they have acquired a controlling interest in the Canadian PET resin producer, Selenis Canada Inc.

By |2019-05-05T19:04:06-04:00August 2nd, 2016|Categories: Uncategorized|

Read Press Release Here... AKC Note: The PET resin business in N. America is going through a period of change with major new capacity being built by M&G in Corpus Christi, the 2015/16 antidumping suit against PET resin from China, India, Canada and Oman, and consolidation expected. This move by DAK to acquire a controlling interest [...]

Gildan announce the agreement to purchase Peds Legwear Inc. for $55 million.

By |2019-05-05T18:57:16-04:00July 27th, 2016|Categories: Uncategorized|

 Read Press Release Here... AKC Note: In 2014 the Canadian hosiery manufacturer Richelieu Legwear expanded an existing investment that they had in Hildebran, NC (formerly International Legwear). At the time it was stated that Richelieu was "the leading provider of leg wear products to Walmart under brand names that include Peds, MediPeds and Growing Socks". Richelieu [...]

Invista plan is expected to greatly reduce 300-person Chattanooga workforce

By |2019-05-05T18:55:48-04:00July 15th, 2016|Categories: Uncategorized|

We were anticipating an announcement from Invista re the Chattanooga plant and it was covered in the media the day after I left: http://www.timesfreepress.com/news/business/aroundregion/story/2016/jul/08/invistslashing-significant-operations-chattan/374934/ AKC Note: Chattanooga is one of Invista's 3 North American plants producing Nylon 66 polymer. The other 2 plants are Camden, SC where there is integrated production through to BCF, and Kingston [...]

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This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.