Nilit acquires Nylstar
Israel-based Nylon 6.6 producer Nilit has acquired Nylstar’s US operations including its nylon 6.6 plant in Martinsville, Virginia, USA. As part of the acquisition, Nilit has appointed former Nylstar president, Sonny Walker as president of the new entity Nilit US.
The Nylstar product line includes POY, FOY, and LOY-DT nylon yarns in a broad range of filament counts, lustres and cross-section types. Its products will complement and expand Nilit’s portfolio of branded performance yarns for intimate apparel, bodywear, legwear and activewear.
“Nylstar is a respected manufacturer that shares Nilit’s commitment to innovation and quality,” said Arie Gottlieb, Nilit’s general manager. “Having the Martinsville facility as part of the Nilit network will expand our ability to service our growing North American customer base, our US partners and as well as other customers around the world.”
“The union of Nilit and Nylstar here in the US will be extremely beneficial for our customers,” said Mr Walker. “Not only will this new partnership ensure ready supply but we expect even higher levels of innovation and quality to result from this collaboration.”
