INVISTA announced a set of proposed strategic actions intended to strengthen its global operating footprint and position the business for long-term competitiveness. The proposal includes closing its precision machine shop in Martinsville, Virginia; discontinuing production at its Gloucester, England site; transitioning operations to its Kingston, Canada facility, which will continue to serve customers in North America and Europe; and continuing to explore various investment opportunities for expanding capabilities at select advantaged sites, including its Anlon site in Shanghai, China.

¡°We want to recognize and thank the employees, contractors, and partners across these sites who have contributed to INVISTA¡¯s success over many years,¡± said Brook Vickery, INVISTA president and CEO. ¡°These proposals are not a reflection of their performance or commitment, but rather a response to today¡¯s market environment and the need to align our operations with where we see long-term opportunity.¡±

As part of these proposed actions, INVISTA is focusing investment in key facilities and capabilities that will support growth, enhance competitiveness, and strengthen operational resilience. These efforts reflect the company¡¯s commitment to being a stable and reliable business that serves customers around the world.

In the coming weeks, INVISTA will engage in required employee consultations and work closely with customers to support potential orderly product transitions. Approximately 150 roles across the affected locations may potentially be impacted should these proposals move forward. If enacted, all impacted employees will be eligible for severance benefits. Throughout this process, INVISTA remains committed to treating every employee with dignity and respect and will continue to comply with all applicable legal and regulatory requirements.

¡°Our top priority now is ensuring the safe, stable operation of our facilities as we work through the changes necessary to evaluate and, if approved, implement these proposals,¡± added Vickery.