Toray Composite Materials America
Wholly owned US subsidiary of Toray Industries manufacturing TORAYCA™ carbon fiber and advanced thermoset prepreg composite materials for aerospace, defense, industrial, and automotive markets.
- CEO / Founder
- Teruyuki Sakimon
- Team Size
- 1001-5000
- Stage
- Established
- Total Funding
- Undisclosed
- Latest Round
- Undisclosed
- Key Investors
- Toray Industries, Inc. (parent company — TSE: 3402)
Technology & Products
Key Products
TORAYCA™ carbon fiber (Standard Modulus, Intermediate Modulus, Intermediate Modulus Plus); thermoset prepregs (epoxy and BMI resin systems with carbon/glass fiber reinforcements); 2700 Prepreg System (patented, flexible epoxy resin for emerging aerospace programs); ancillary products for composite manufacturing
Technological Advantage
Vertically integrated production (precursor → carbon fiber → prepreg) across three US plants (Tacoma, WA; Decatur, AL; Spartanburg, SC); patented resin technologies; deep R&D in composite mechanics and new material development; digital engineering capabilities via RAVEN Explorer partnership with Convergent Manufacturing Technologies; over 30 years of aerospace qualification and certification heritage
Differentiation
Value Proposition
Leading global supplier of high-performance carbon fiber and thermoset prepreg materials with the largest carbon fiber and prepreg capacity in North America, serving as the primary composite materials supplier for Boeing's 787, 777, and 777X programs.
How They Differentiate
Largest carbon fiber and prepreg capacity in North America; exclusive long-term agreements with Boeing for primary aircraft structures; vertically integrated production from precursor through prepreg; over 30 years of aerospace heritage and qualification; part of the global Toray Industries group with extensive R&D resources
Market & Competition
Target Customers
Aerospace OEMs (commercial aircraft, space, UAM, defense), industrial manufacturers, sporting goods companies, and automotive OEMs
Industry Verticals
Aerospace (commercial aircraft, space, urban air mobility); Defense; General Industrial; Sports & Recreation; Transportation & Automotive
Competitors
Hexcel Corporation; Teijin Limited; Mitsubishi Chemical Carbon Fiber & Composites; Solvay S.A.; SGL Carbon SE
Growth & Milestones
Growth Metrics
Wholly owned subsidiary of Toray Industries, Inc. (TSE: 3402). Toray Group's carbon fiber composite materials segment reported revenue of ~¥1.4 trillion (~$9.3B) in FY2024. CMA invested $600M in Spartanburg, SC expansion (2023-2025) adding 350 jobs and 300,000 sq ft of production space; additional $50B yen (~$330M) investment for Boeing 777X production line.
Major Milestones
1992: Founded as Toray Composites (America), Inc. in Tacoma, WA adjacent to Boeing's CMC; 1997: Decatur, AL plant established (Toray Carbon Fibers America); 2005: First comprehensive supply agreement with Boeing for 787 Dreamliner; 2015: Extended Boeing agreement for 777X, valued at ~$11B; 2016: Spartanburg, SC integrated production facility announced; 2017-2019: Spartanburg plant operational phases; 2021: Launched 2700 Prepreg System; 2023: Announced $600M Spartanburg expansion; 2026: Teruyuki Sakimon appointed President & CEO; 2026: 5-year Syensqo supply agreement; 2026: Convergent MOU for RAVEN Explorer digital tool
Notable Customers
Boeing (primary — 787 Dreamliner, 777, 777X programs); Syensqo (via supply agreement); various aerospace/defense prime contractors; sporting goods manufacturers; industrial and automotive OEMs