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INVISTA, a global polymers, intermediates and fibers company, has announced plans to invest $30 million in its Winnsboro site. The facility, which produces and treats polyester fabric used in tire manufacturing, has a multi-year contract to supply Michelin with fabric for its tire manufacturing operations. INVISTA is a global integrated producer and marketer of premium fibers, resins and intermediates. The company has a manufacturing or marketing presence in every major market and garment region worldwide. Today it is comprised of six businesses: Apparel; Performance Fibers; Interiors; Intermediates; Polymer and Resins; and Textile Fibers. The capital investment will upgrade the facility�s twisting and weaving capacity using state-of-the-art equipment. This investment will approximately double capacity at the plant. �The strong work ethic and experience level of employees strongly played into our decision during the selection process,� said Dan Haycook, vice president, Tire/Mechanical Rubber Goods, INVISTA. �We also feel very positive that Michelin has indicated its confidence in our quality and service to provide for its future needs.� �Our administration is going to continue to push for reform that will free up additional capital investment for Fairfield County and other rural economies,� said Governor Mark Sanford. �A lower income tax will create a more friendly business climate and stimulate growth across South Carolina.� INVISTA (formerly KoSa) is an integrated polymers, intermediates, and fibers business with a global presence in more than 40 countries. It operates six business segments: Apparel; Performance Fibers; Interiors; Intermediates; Polymer and Resins; and Textile Fibers. INVISTA delivers exceptional value for its customers through market insights and technology innovations, along with a powerful portfolio of the most recognized global brands and trademarks in the fibers, apparel, and interiors industries, including: LYCRA�, STAINMASTER�, ANTRON�, COOLMAX�, THERMOLITE�, CORDURA�, SUPPLEX�, TACTEL�, Polarguard�, ESP�, and Avora�FR, and in the specialty chemicals business: CORFREE�, DYTEK�, ADI-Pure�, Terate� Polyols, and TERATHANE�. More information on INVISTA can be found at www.INVISTA.com.
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