# Toray to increase carbon fibre capacity at US and South Korea plants

Toray Industries plans to increase regular tow carbon fibre production capacity at its Spartanburg, South Carolina and Gumi, South Korea plants by 20%, adding lines to reach 35,000 metric tons annually beginning in 2025.

- Type: Expansion
- Announced: 2023-07-13
- Where: Spartanburg, South Carolina, United States
- Value: $600.0M
- Jobs: 350
- Starts operating: 2025
- Status: announced
- Capacity: 35,000 metric tons per year
- Products: regular tow carbon fibre
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Toray Industries](https://endata.com/companies/4565.md)
- [Toray Advanced Materials Korea](https://endata.com/companies/24789.md)
- [Toray Composite Materials America](https://endata.com/companies/46168.md)

## Sources

- [nonwovensnews.com](https://www.nonwovensnews.com/raw-materials-news/16431-toray-to-increase-carbon-fibre-capacity), 2023-07-13: "Toray has made growing sustainably pivotal to Project AP-G 2025, its medium-term management program."
- [toraycma.com](https://www.toraycma.com/toray-set-to-increase-carbon-fiber-capacity-to-meet-growing-demand-in-pressure-vessel-applications/), 2023-07-13: "Toray Composite Materials America, Inc. (Toray CMA) is pleased to announce a major expansion of its carbon fiber facility in Spartanburg, South Carolina."
- [wyff4.com](https://www.wyff4.com/article/carbon-fiber-plant-expansion-new-jobs-bicycles/44631618), 2023-07-24: "A carbon fiber manufacturer is affirming its commitment to South Carolina, expanding operations with a new investment worth $600 million."

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