Kordsa to invest $22 million in US tyre cord plant

Laurel Hill, North Carolina–Tyre cord processor Kordsa USA Inc. will invest $22 million through early 2006 to modernise and expand its fabric twisting and weaving plant in Laurel Hill by 40 percent.

Kordsa USA, a unit of nylon yarn maker DUSA International LLC, said the modernisation project will allow it to stay competitive.

The company will build a 216,000-sq.-ft (20 000m2). building on the premises of the existing facility to house new twisting equipment and looms. The expansion will create seven jobs, adding to the 177 already…

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