Performance Fibers acquires four INVISTA plants

Since becoming an affiliate of Sun Capital Partners Inc. in 2004, Performance Fibers, Richmond, Va., has purchased several North American, Asian and European businesses as part of an ongoing growth strategy. The company recently announced its acquisition of INVISTA’s North American tire cord and polyester industrial filament assets in North and South Carolina and Mexico. Performance Fibers now operates 12 plants employing an estimated 4,000 people, and projects $1 billion in sales this year. For more information, visit www.performancefibers.com.