American Enka Company

The American Enka Company, founded in 1928, would become the United States' largest rayon manufacturer. Its research division developed such things as Tyrex (for the tire cord market), improved rayon and nylon, and by-products for detergent makers and paper mills. It helped bolster the economies of Western North Carolina, West Virginia, Eastern Kentucky, Eastern Tennessee, Northern Georgia and Northern Alabama during the Great Depression and thereafter; its founding in 1928 by Dutch capital led the way for German, Swiss, and British investments in the American South, and it was one of the companies on the original Fortune 500 list.