A privately held company that gins and spins, and trades and exports cotton. Founded in 1949, Tipoiti employs approx. 750 people. Its manufacturing facilites are located in the Northern Argentine provinces of Corrientes and Chaco. With a production capacity of approx. 2,000 tons of yarn per month, its plant in Corrientes is one of the largest in South America, and is the undisputed Argentine leader in terms of the quality of its products, which include conventional, open-end, and Vortex yarns.