(Source: Toray Industries Inc) July 17, 2013 Toray Industries, Inc. Toray Strategically Expands Automobile-related Carbon Fiber Composite Material Business in U.S. -Toray purchases a stake in local CFRP parts manufacturer- Toray Industries, Inc. (headquarters: Chuo-ku, Tokyo; President, CEO & COO: Akihiro Nikkaku; hereinafter referred to as "Toray") today announced that it purchased a 20% stake in Plasan Carbon Composites, Inc. (headquarters: Wixom, Michigan, U.S.; President: James Staargaard; hereinafter referred to as "PCC"), a U.S. manufacturer and distributor of auto parts based on carbon fiber reinforced plastics (CFRP), in a bid to...
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