Toray invests in its Decatur, Alabama carbon fiber plant

SourceAerospace Manufacturing and Design
Date Published10/18/2022
Author NameEric Brothers
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toray Composite Materials America Inc.
Parent companyToray Industries Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):15
Country(ies) from which reshored:Japan
City reshored to:Decatur
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Chemicals, Wood & Paper Products
Product(s) reshoredcarbon fiber, advanced composite materials
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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