Ascend Performance Materials LLC, a Houston, Texas, manufacturer of nylon and other manmade fibers for carpet, apparel, tires and agricultural products, will invest $3.25 million to expand its Greenwood, S.C., facility to add capacity and meet market demands. The Greenwood plant produces nylon fiber for airbags, tire cord and military products, and the expansion will bring 32 new jobs over the next three years. Ascend marked its first year in business in June 2010 and was formed after the private equity firm SK Capital Partners II LP acquired its nylon business from St. Louis-based Solutia Inc.
Expanding Ascend facility in South Carolina
Industry News | March 1, 2011 | By: ATA
You might also like...
INDA invites nonwoven professionals to present at IDEA25
Dietz-motoren joins ITMF as corporate member
AAFA announces board of directors leadership for 2024–2025
H&M Group and Vargas Holding launch new venture to scale textile-to-textile recycled polyester
Industry members visit Washington for annual Advocacy Days
Active Apparel Group announces seventh anniversary with FUZE Technologies