Migdal Ha?emek - Speciality yarn manufacturer Nilit has teamed up with Australia-based high-performance yarn producer LincSpun Yarns to develop a new high-performance, moisture-management yarn that combines merino wool and Nilit's Aquarius high-speed moisture-wicking yarn.
The company has also signed an agreement to increase the level of investment at its China-based operation where it runs a nylon texturing facility and add new POY (partially oriented yarn) and FDY (fully drawn yarn) production lines to its existing production facilities in Israel.