(DD) - Get Report

will combine its apparel, home textiles and related businesses into a single unit called

DuPont Apparel and Textile Sciences

TheStreet Recommends


The new structure will unite DuPont's Lycra elastane, Nylon textile and Dacron branded businesses, which have combined revenue of $3 billion.

The unit will have about 10,000 employees and technical and manufacturing operations around the world. The move is scheduled to take place Jan. 1.