INVISTA closing plant in Maitland, Ont., leaving 100 people out of work INVISTA is closing its plant in Maitland, Ont. in the coming months, leaving 100 people out of work. The company announced on Tuesday plans to discontinue production at its site, with plans to relocate Dytek A® production to its Victoria site. https://www.ctvnews.ca/ottawa/arti...
We recently posted a notice about INVISTA: Exploring strategic alternatives for Nylon Fibers Business. Due to the impact that that may have, we have postponed our Spring AGM. Read the full post here: https://dipac.ca/blog/entry/potential-salenylon-fibers-business.html
To DIPAC members: The recent announcement from INVISTA (see below) indicates that the Nylon fibers business segment within INVISTA is exploring strategic alternatives which could involve the sale of this business. This would include the INVISTA Canada Kingston fibers operation. Since the attached announcement from INVISTA is a major development, we...