Polymer Group, Inc. Announces Expansion in Mexico To Serve North American Hygiene Market
Thursday October 4, 6:09 pm ET
New Line will Provide Advanced Barrier Material for Diaper Applications
CHARLOTTE, N.C., Oct. 4 /PRNewswire-FirstCall/ -- Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) today announced it will locate a multi-beam spunmelt line for hygiene applications at its San Luis Potosi, Mexico plant to serve customers in North America.
The company will invest approximately $50 million in a state-of-the-art, multi-beam Reifenhauser REICOFIL 4 line that will increase capacity by approximately 15,000 metric tons to meet ongoing strong demand for its nonwoven materials used in diapers and other personal hygiene products.
The line will feature the latest technology and produce high-quality, lightweight, strong fabrics that are used in fine denier back sheet, leg cuffs and materials that go into other parts of diapers.
"PGI is committed to serving the growing hygiene market with the highest quality products available in the industry. This state-of-the-art line will allow us to broaden our product offerings and meet the needs of customers in the U.S. and Mexico with the most advanced engineered products for hygiene applications," said Polymer Group's chief executive officer, Veronica (Ronee) M. Hagen.
PGI announced its plans to expand in this market in August. Construction is underway and the company expects commercial production to fully begin in late 2008.
Polymer Group, Inc., one of the world's leading producers of nonwovens, is a global, technology-driven developer, producer and marketer of engineered materials. With the broadest range of process technologies in the nonwovens industry, PGI is a global supplier to leading consumer and industrial product manufacturers. The company operates 19 manufacturing facilities in 9 countries throughout the world.
Source: Polymer Group, Inc.
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