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DAK Americas Moves Polykron Operations To US

DAK Americas LLC, Charlotte, has closed its Polykron Fiber Manufacturing Plant in Mexico and transferred the polyester staple fiber products (PSF) manufacturing operations from that plant to DAK Americas PSF plants near Wilmington, N.C., and Charleston, S.C. The consolidation resulted in the loss of 150 jobs at the Polykron facility, which has been part of Mexico-based Alfa SA de CV's family of companies for 30 years.

DAK Americas is a wholly owned subsidiary of Alpek SA de C, Alfa's petrochemicals and man-made fibers business group.

"The closure is the result of the continued struggle that our textile business has faced in wake of the significant increases in imports of finished products into the [North American Free Trade Agreement] region," said Hector Camberos, president, DAK Americas. The company said the consolidation affords better US capacity utilization and will not impact service to its US and Mexican customers.

September 2005