MOSCOW (MRC) -- Houston-based Ascend Performance Materials is investing USD35.3 million in an expansion of its Greenwood County facility, creating 30 new jobs, according to SC BIZ News with reference to the S.C. Department of Commerce.
Located at 1515 Highway 246 South in Greenwood, Ascend plans to upgrade several lines in early 2019 to increase capacity of nylon polymer production. Last year, the company added 24 million pounds of staple fiber production capacity at the facility, according to a news release.
"The polymer we make at Ascend in Greenwood forms the building blocks for things we use every day, from air bags to high-end carpet to tennis balls," said Hal McCord, Ascend Performance Materials senior site director, in the release. "Thanks to the hard work of our employees and the support of leaders in Greenwood County and South Carolina, this expansion will allow us to increase our polymer production by 50%, creating more jobs for local residents."
With six manufacturing plants in the southeastern United States and Europe and more than 3,200 employees and contractors around the world, Ascend manufactures fibers, resins and compounds.
"We are excited that Ascend Performance Materials is once again expanding in Greenwood County. Ascend Performance Materials has been an exemplary member of our manufacturing community for the past 58 years, and we look forward to continuing this partnership for years to come," said Steve Brown, chairman of the Greenwood County Council, in the release.
As MRC reported before, in early 2018, Ascend Performance Materials, the world’s largest fully integrated producer of polyamide 66 resin, launched Vydyne FR350J, a new high performance compound based on polyamide 66 (PA66) that will bring extra safety to electrical connectors used in unattended home appliances.
Ascend Performance Materials is a global leader in the production of Nylon 6,6.
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