Perennials and Sutherland to expand manufacturing plant in Mexico

The expansion represents a multimillion-dollar investment by the company and full operations are expected to commence by Q1 2022.

The epicentre of Perennials' 100 per cent solution dyed acrylic yarn production, PTM houses state-of-the-art facilities featuring safe and sustainable practices. PTM provides room to meet the rapid increase in product demand, where electronically controlled looms can produce thousands of yards of fabric per month, the company said in a press release.

"We are calling this investment, Megalodon Project, due to its immense impact in creating a brighter future," says Miguel Maciel, the general manager of PTM who is spearheading the onsite operations. "We are pleased that Perennials continues to grow in San Luis Potosi, which will provide direct benefits to our community and the state."

The expansion demonstrates Perennials' resolve to supply the domestic and global market with the highest quality 100 per cent solution dyed acrylic performance textiles available to the trade as well as select retail partners, such as Restoration Hardware and Serena and Lily.

ALCHEMPro News Desk (KD)