(Filed Under Financial and General Interest News). Nilit America will increase prices for its nylon filament products by approximately 7 to 8 percent on May 3, 2010. These products include yarns for intimate apparel, activewear, sportswear, legwear and bodywear.

According to Nilit, the increase is due to the dramatic rise in the price of raw materials used to produce nylon, since basic feedstocks for nylon are in short supply globally.

“Combined, ingredients for nylon have escalated by double digit amounts in the past six months, requiring this price fiber action,” Sonny Walker, president of Nilit America, stated. “Nilit’s objective remains the same; to supply our customer with excellent quality, good value fiber and remain sensitive to the market needs.”

Nilit America, a subsidiary of Israeli-based Nilit, Ltd., produces nylon 6.6 and microfiber yarns used for knitwear, wovens and spandex. For further information, contact the company’s offices in Martinsville, VA by calling (336) 605-1962.

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Published 04-05-2010 by Amanda Torres Price