# Zoltek invests $130M to expand carbon fiber capacity in Mexico

Zoltek Companies Inc., a subsidiary of Toray Industries, announced a $130 million capacity expansion at its large-tow carbon fiber facility in Jalisco, Mexico. The expansion will increase capacity by approximately 54% to over 20,000 tons per year, with completion expected in 2023.

- Type: Expansion
- Announced: 2021-12-09
- Where: Jalisco, Mexico
- Value: $130.0M
- Starts operating: 2023
- Status: announced
- Capacity: 20,000 tons per year
- Products: large-tow carbon fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Zoltek Companies](https://endata.com/companies/22740.md)
- [Toray Industries](https://endata.com/companies/4565.md) (investor)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/textile-news/2021/12/zoltek-invests-in-carbon-fiber-capacity/), 2021-12-09: "The $130 million investment will be used to increase capacity at a Zoltek facility in Jalisco, Mexico, by approximately 54 percent to more than 20,000 tons per year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.