On April 1st, 2017 Toray Composites (America), Inc. and Toray Carbon Fibers America, Inc. will merge to create a new business called Toray Composite Materials America, Inc.
Toray Composites (America), Inc. and Toray Carbon Fibers America, Inc. have worked successfully together for 20 years and share the same philosophy and culture. Both companies are accomplished with an enviable track record of providing industry leading solutions for our clients. We believe our successes are a result of our industry leading practices and the knowledge, passion, and total commitment to quality from all our employees.
The merger allows us to build on our success by utilizing our collective knowledge and expertise, and we will become more nimble and responsive to our customers’ needs by centrally managing our combined production facilities. We will be in a position to jointly invest in innovative and personalized end to end solutions through the consolidation of our North American materials businesses. This consolidation will also align Toray capability across product lines to increase customer value, shorten time to market, and strengthen critical relationships.
CMA will pursue growth opportunities in fields where it can demonstrate its strength and aims to achieve further business expansion by realizing synergistic effects from the merger.