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News Flash
INVISTA Interiors invests in Mitex' yarn processing plant
04 Oct '06
1 min read
A subsidiary of INVISTA acquired the yarn improving business of Mitex, a prominent enterprise in the area of the yarn refinement, in northeast Bavaria (Germany).
“INVISTA engages itself for the European floor mat business”, said Alan Wolk, President, INVISTA Interiors. “Our investment into this prominent German yarn processing plant shows that we work actively on the stabilization of our position in the area of the interior equipment.”
INVISTA and Mitex maintain already for 25 years successful business relations. This acquisition will increase the competitive ability of INVISTA.
“The integration of the yarn processing activities of Mitex will make it for us possible to develop and our product offer for our customers remove efficiently new finished yarns”, supplemented Russell Pike, Vice President, INVISTA Interiors.
INVISTA Interiors provides branded and unbranded BCF (bulked continuous filament) and staple carpet fibers going into residential, commercial and automotive carpets as well as bath, accent and area rugs and branded fiberfill in sleep products like pillows and comforters.
“INVISTA engages itself for the European floor mat business”, said Alan Wolk, President, INVISTA Interiors. “Our investment into this prominent German yarn processing plant shows that we work actively on the stabilization of our position in the area of the interior equipment.”
INVISTA and Mitex maintain already for 25 years successful business relations. This acquisition will increase the competitive ability of INVISTA.
“The integration of the yarn processing activities of Mitex will make it for us possible to develop and our product offer for our customers remove efficiently new finished yarns”, supplemented Russell Pike, Vice President, INVISTA Interiors.
INVISTA Interiors provides branded and unbranded BCF (bulked continuous filament) and staple carpet fibers going into residential, commercial and automotive carpets as well as bath, accent and area rugs and branded fiberfill in sleep products like pillows and comforters.
INVISTA
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