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INVISTA to idle nylon manufacturing capacity in Waynesboro

18
Dec '08
Due to rapidly deteriorating market conditions and reduced customer demand, INVISTA will idle the nylon portion of its operations at its facility in Waynesboro, Va., resulting in the reduction of approximately 210 employee roles and a yet-to-be-determined number of contractor roles.

“While the decision to idle nylon production at the Waynesboro site is difficult, it is necessary given the rapid decline in demand for carpet,” said Mike Laczynski, site manager. “We must manage our business in line with current market circumstances.”

The nylon production assets will be idled beginning this week. Site management will be discussing details of the idling initiative with United Workers, Inc., the collective bargaining unit which represents INVISTA Waynesboro's wageroll employees. Specific staffing plans have not yet been finalized.

“In light of the current economic challenges, we must respond quickly to improve the long-term viability of the Waynesboro site and increase our chances for success in the global marketplace,” said Laczynski. “We intend to restart the idled operations in the future. We don't know how long this period of idling might last as start-up and timing will be determined by market conditions.”

As with all personnel matters, the individuals affected will be treated with respect and sensitivity throughout the restructuring. The top priorities throughout the idling process are to be open and respectful with employees and maintain focus on the site's unwavering commitment to compliance and safety.

INVISTA's Waynesboro site produces nylon fiber for STAINMASTER® carpet, as well as LYCRA® fiber for end-uses such as hosiery, socks, and sports apparel. The site also has a research and development center for spandex.

About INVISTA:
INVISTA is one of the world's largest integrated producers of polymers and fibers, primarily for nylon, spandex and polyester applications. With a business presence in over 20 countries, INVISTA's global businesses deliver exceptional value for their customers through technology innovations, market insights and a powerful portfolio of global trademarks.

INVISTA


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