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                                              News Update 
                                             January 30, 2016
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Sponsored
by:
 
 
DAK Americas is one of the largest integrated producers of PET resins in the world and the main producer of polyester staple fibers in the Americas. DAK Americas is headquartered in Charlotte, NC, and is wholly owned by Alfa S.A.B. de C.V. of Monterrey, Mexico.

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Asheboro Elastics announce they are closing 1 of their plants in Asheboro, NC:
AKC Note:  Asheboro is a leading supplier of narrow fabrics across a wide range of applications. The plant that is being closed was focused on military markets and with the downturn in military spending it can be understood that business has been poor and has resulted in this decision to close the facility. It is understood that there are approximately 90 people working at the site and it is expected that some of the staff will be relocated to another location in Asheboro. In addition, they have a plant in Virginia and 2 plants in Central America. 

Alasdair Carmichael
Carmichael International
PO Box 3444
Spartanburg, SC 29304
T: 864 583 6868
C: 864 542 4481
     
News Update is a service of Carmichael International designed to provide relevant up to date information on the textile markets. We aim to provide links to information and some commentary which is provided in good faith as to its accuracy. Carmichael International however disclaims any and all liability and responsibility for information supplied and any decisions that may be made on the information. 
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Synthetic Yarn and Fiber Association

To promote the production, improvement and use
of synthetic yarns and fibers

703-875-0636 (phone)
703-875-0907 (fax) 
www.thesyfa.org