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DuPont Combines Apparel And Textile Businesses

DuPont, Wilmington, Del., has announced the integration of its apparel, home textiles and related businesses into a market-focused global organization. The name for the new organization is DuPont Apparel and Textile Sciences.DuPonts Lycra® elastane-, nylon textile- and Dacron®-branded specialties and fiberfill businesses will become a single unit effective January 1, 2001. The new unit will capitalize on DuPonts global brand franchise, technical expertise, operational scale and market knowledge to provide a more streamlined and competitive offering.Our vision is to create consumer preference and loyalty to help grow our customers offerings by linking DuPont science with the promise of our brands, said Steven R. McCracken, group vice president, who will lead the new organization.DuPont Apparel and Textile Sciences will provide a world-class integrated market platform that will allow better linkage between the marketplace and DuPont technologies. The combined organization will have approximately 10,000 employees and marketing, technical and manufacturing operations in every region of the world.We believe this centralized market approach will provide economies of scale and scope, enable us to build stronger partnerships with our customers and better deliver the constant flow of newness our global markets demand, added McCracken.

December 2000