Teijin building $7.9 million composites center in Michigan

By Rhoda Miel
News Editor

Published: March 21, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers, Sustainability, Automotive

OSAKA, JAPAN (March 21, 11 a.m. ET) — Japan’s Teijin Ltd. will build a $7.9 million composites development center in the Detroit suburb of Auburn Hills, Mich., as part of its push to create large-volume carbon fiber production for the auto industry.

The Michigan Economic Development Authority announced the company’s plans on March 20. Teijin Advanced Composites America Inc. expects to create up to 25 jobs initially.

Teijin, with corporate offices in Osaka and Tokyo, has said it developed a proprietary process to mold carbon fiber reinforced thermoplastic within cycle times of one minute.

In December, it signed an agreement with Detroit-based General Motors Co. to bring the process to auto production, potentially widening the use of carbon fiber beyond specialty cars.


Comments

Teijin building $7.9 million composites center in Michigan

By Rhoda Miel
News Editor

Published: March 21, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Coca-Cola closing its recycling division

October 30, 2014 3:50 pm ET

Beverage giant says it wants to work with suppliers    More

Image

Unique Tool adding equipment, jobs

October 30, 2014 1:52 pm ET

Mold maker Unique Tool & Gauge Inc., is planning to invest more than $3.5 million dollars in new equipment for its Windsor, Ontario, facility.    More

Auto supplier receiving grant to help expansion

October 30, 2014 3:35 pm ET

Summit Polymers is receiving an $800,000 performance based grant to help with a $7.3 million expansion of three of its Michigan facilities.    More

Image

Magna opens new exterior facility, plans for lighting investment

October 30, 2014 1:36 pm ET

Canadian automotive supplier Magna International Inc. on Oct. 28 opened a new injection molding and robotic paint line facility in Delta Township,...    More

Image

PP prices rise, solid PS, PET drop

October 30, 2014 1:15 pm ET

North American polypropylene resin prices surged again in October, while regional prices for solid polystyrene and PET bottle resin continued their sl...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events