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POLYMER GROUP, INC. ANNOUNCES NEW STATE-OF-THE-ART SPUNBOND LINE TO BE INSTALLED IN CALI, COLOMBIA
Polymer Group, Inc. announced it will more than double the spunbond fabrics capacity of its facility in Cali, Colombia to meet growing demand for its products in Latin America, where PGI holds the leading market share in the hygiene sector. The company has signed a contract to install a state-of-the-art Reifenhauser Reico IV spunbond line targeted primarily at serving the Andean markets. This new line will be fully dedicated to the hygiene market, providing high-quality fine denier top sheet and other materials for use in diapers. The addition of this line gives PGI's Bonlam Andina operation the ability to produce material that will satisfy the highest hygiene standards in the industry. Polymer Group's chief executive officer, James L. Schaeffer, stated, "PGI continues to see strong potential to grow its business in the developing markets. This line, along with the previously announced plans to install a third line in China, will provide our company with the needed volume to better serve our customers. This line will enable us to maintain our leading position in hygiene as the Latin American market continues to grow." Fernando Espinosa, PGI's vice president and general manager for Latin America, added, "Bonlam Andina is very pleased to announce the ability to provide customers in Colombia, Venezuela, Peru, and Ecuador, as well as Central America and the Caribbean, with the highest quality hygiene products using state-of-the-art technology. We are committed to maintaining and expanding our existing partnerships with our customers in the Latin American markets. These partnerships are what give us confidence in the success of this investment." http://www.polymergroupinc.com
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