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Ascend Performance Materials Expanding Industrial Fiber Capacity in South Carolina

Houston-based Ascend Performance Materials LLC will invest $3.25 million to expand its Greenwood, S.C., operations, with the expectation of adding 32 jobs over three years. The plant produces nylon industrial fiber for airbags, tire cord and military products, among other applications. The expansion is expected to be completed by March 2011. Ascend Performance Materials is the former nylon business of Solutia; it was spun off as a separate company in 2009.

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