Invista acquires VSL’s manufacturing facility inNetherlands

Invista acquires VSL’s manufacturing facility in the Netherlands

10:33 AM, 24th December 2012
Invista acquires VSL’s manufacturing facility in the Netherlands

WICHITA, US: A subsidiary of Invista acquired a manufacturing facility previously operated by privately-held VSL Born BV, which focuses on the compounding and recycling of polyamides used in automotive, electrical/electronic, industrial and consumer goods applications. The deal brings a new set of in-house capabilities to Invista Engineering Polymers and will help better meet global customer demand. Beginning immediately, assets owned by Netherlands-based VSL will transfer to Invista for use to produce Invista’s product brands, including TORZEN PA66 resin.

“Europe is a critical region for automotive manufacturers and other global decision-makers within the industry. The Born site’s expertise, location, employee values, and position as a trusted compounder made them the right fit for our company. While Invista plans to use the site primarily to produce prime-based compounds under its TORZEN brand, the plant also has capacity and capabilities to produce high-quality recycled products,” said Kurt Burmeister, Executive Vice President, Engineering Polymers, Invista.

“The asset acquisition in Born also enables additional capacity for potential new product and application development. Our business model now includes internal compounding production as well as contract manufacturers. We continue to see opportunities to leverage contractors’ capacities, locations and competencies while simultaneously extending our reach through this acquisition,” added Burmeister.

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