NILIT® acquires former INVISTA plant and brings cutting edge nylon 6.6 production technology to Americana, Sao Paulo
NILIT is bringing color & innovation to Brazil , in a challenging market environment, and promotes the delivery of smarter fashion & function wear to end consumers
// Videos of the event in Brazil - scroll down
NILIT®, the world’s most innovative Nylon 6.6 producer of textiles and plastic compounding, made Brazil one of its production centers after acquiring INVISTA Americana in Sao Paulo, Brazil. This move is another step in the company’s strategy to become a leader in Nylon production in Latin America.
To launch this acquisition, NILIT held an event at ABIT, the Textile Association's House in Sao Paulo, Brazil on June 23rd, 2015. Over 100 guests attended, among which 80 NILIT customers and 30 journalists from finance, economic, trade and lifestyle newspapers. Everyone enjoyed a dynamic dance performance and presentation which focused on NILIT's specialty yarns.
According to Michael Levi, Owner of NILIT, "The decision to come to Brazil is part of a long time vision for me and for NILIT , as global leaders in the Nylon production industry, we realized Brazil’s strong local garment industry and focus on Nylon, we thought the market wants a local supplier, and we shall be that local supplier.”
Zion Ginat, General Manager of NILIT Ltd. added: We bring to Brazil, NILIT’s knowhow, experience and 4 decades of heritage in global operations and powerful innovations, with sales in over countries, reflecting our company’s motto where : “no customer is too small, too big or too far away”, now we want to be closer to you and to Brazil .”
Francisco Weffort, president of NILIT Brazil concluded: “The production of NILIT Nylon in Brazil is concrete proof of the NILIT strategy to increase its market share both in Brazil specifically, and Latin America as a whole. With our expanded local production capabilities, this market now has quick and efficient local access to the most innovative and highest-quality products.”
The Americana plant is now integrated with NILIT’s textile plants located in Israel, the United States and China.