Apr 3, 201704:28 PMBlog
Toray consolidates American operations
Japanese firm Toray Industries, notable for its large manufacturing plant in Frederickson, has announced the consolidation of its American businesses into one single entity.
The Tokyo-based company’s Pierce County operation, Toray Composites America, Inc., has been merged with Toray Carbon Fibers America, Inc., located in Alabama. The newly formed company has been dubbed Toray Composite Materials America, Inc., or Toray CMA for short.
A statement released by the company on Monday indicates that both facilities, as well as the company’s Spartanburg, S.C., plant will remain open. This consolidation will also include the creation of commercial business sectors, with aerospace led by Tim Kirk, vice president of aerospace sales, and the industrial market led by Buster Tipton, vice president of Industrial Sales.
"This consolidation enables us to better integrate, better innovate, and better meet the demands of our customers," said Moriyuki Onishi, president and CEO of the newly formed CMA. "Our partners in the aerospace, automotive and industrial markets demand ever increasing efficiency and a simplified relationship," said Onishi.
The Tacoma plant was first established in 1992 and was first used on the Boeing 777. Today, Toray's carbon fiber composite materials are now incorporated into the 777 and 787 primary structure and will be used on the new 777X wing.