On April 3rd, Toray Industries, Inc. announced the consolidation of its carbon fiber composite materials businesses in North America. Toray Composites (America), Inc. and Toray Carbon Fibers America, Inc. have been consolidated into one entity, Toray Composite Materials America, Inc. Along with the consolidation, Toray will create Commercial Business Sectors which officials say will increase the value to customers, expedite the time it takes to get products to market, and strengthen key relationships.
Toray’s facility in Spartanburg will become an integrated facility, producing precursor, carbon fiber, and prepreg in a single location. This facility will continue to play a huge role in the growth of the company in North America.
This post contains excerpts from an article published by CompositesWorld. Read the full article here>>