ERJ staff report (SS)
Kennesaw, Georgia -- Invista Performance Fibres will build a multi-million-dollar research and development facility at its Kingston, Ontario, polyamide fibre manufacturing facility, to support its growth initiatives in North America, Europe and Asia.
The company hopes to use the advances in technology and engineering of nylon 6,6 and modified polyamide products, to develop differentiated new products, offering valuable solutions in existing and new markets.
â€œThis investment is a demonstration of Invista's commitment to bring innovation into existing markets and to seek value-adding offerings for new markets,â€ said Jeff Brown, vice president of Invista Performance Materials Nylon, in a 19 Feb statement.
According to Brown, Invista hopes that the new facility will help it to reduce waste and improve efficiency.
â€œThis investment will not only be capable of generating step change innovation in new products, it will also be used to improve the output and yields of existing processes,â€ he said.
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Press release from Invista