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Lycra brand owner invista makes first textile investment in china (china)

Lycra brand owner invista makes first textile investment in china (china) Source: english.ctei.gov.cn
Date: 07-08-2012
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INVISTA, owner of Lycra® brand makes its first textile research investment in mainland China.

INVISTA has invested US $7.3 million in building its first research center, a 3,000 square meter facility in Qingpu, Shanghai district in China. This is the 4th research facility for INVISTA. The other three are located in the United States, Italy and Taiwan.
The China Textile Research Center will speed-up the development of new fabrics and due to its proximity to INVISTA’s manufacturing facility and access to large customer base, will enable cost savings for INVISTA, according to a recent press release.

INVISTA is one of the global leaders in the production of nylon and spandex.
 
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