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Teijin plans expansion in U.S.

December 16th, 2016 / By: / Conference, Industry News, News

Teijin Limited, Tokyo, Japan, has purchased approximately 440 acres of commercial land in Greenwood, S.C., for a highly efficient carbon fiber production site. The new plant will meet diversified demands in automotive and aircraft applications and create some 220 jobs. With this investment, Teijin will accelerate its global expansion in integrated high-performance material businesses by utilizing its trilateral hubs in Japan, the U.S. and Europe. The facility is expected to open around 2030. The expansion fits into the company’s solutions-oriented business model that combines and integrates materials, health care and IT technologies as part of its long-term management vision.