Invista Invested Heavily In The Establishment Of Clothing Fiber Factory In St Paul
Fiber manufacturer
Invista
Will invest more than 100 million US dollars in Brazil
St Paul
New Paulinia is being established.
Lycra
(Lycra) production plant.
The company plans to expand its operations locally and provide funding for local growth.
The plant operation will commence immediately and is expected to start operation in the second half of 2012.
DavidTrerotola, President of clothing department of Invista, said that Brazil is a growing and strategic market for the operation of the company. The expansion of Lycra fiber production equipment is the result of the growth of the company's customers.
Invista is headquartered in the United States, and now has 2 factories in Brazil.
One is located in Americana, which produces Supplex cloth and the other is in the city of Lycra, which produces Lycra fibers.
Trerotola said that Brazil's textile market is highly integrated, not only with textile mills, but also its clothing and fashion brands are high in the country and around the world.
Popularity
According to Brazil's ABRAFAS, the annual income of Brazil's textile industry can reach US $1 billion 60 million.
The new Spandex plant will be located in the Republic of poly, and is expected to recruit one thousand people during the construction period.
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