Setila AG in Widnau (Decora, POY, Cops) has not been able to find a solution with a new investor to guarantee continuation and therefore is now definitely shutting down the production at the end of September 2005. Below please find the official good bye lines from Widnau.
The management and
the staff of SETILA AG Widnau Switzerland, would like to express all our
gratitude for these numerous years of the loyal cooperation in spite of the
difficulties we had to handle with. The long history of our businesses
finishes with stopping the production end of this month.
After numerous successive and social plans and a situation which has gotten worse from day to day, we think that we have made the maximum to find a solution for SETILA AG and to gratify sufficiently about your wishes.
We wish you for your future health and prosperity for your business as well as for your personal projects. We close the book of the SETILA AG, but we will open others.
With faithful and cordial greetings.
The staff of the SETILA AG Widnau Switzerland
Of course we all at Swicofil would have wished a solution with Widnau continuing to be the production site.
Setila SA in Valence (FDY, POY) is a separate legal entity and as such not hit by the situation of Widnau. Swicofil will continue to sell the rawwhite Valence products.
For all current Swicofil sales which came out of Setila AG Widnau we have worked out a substitution plan and we will be providing the customers in the same good tradition with products of an excellent quality and an impeccable service. Looking forward to continue serving you with polyester textile filament yarns both in rawwhite and spundyed.
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