Toray Industries, Inc. announced that its subsidiary, TenCate Advanced Composites would change its name to Toray Advanced Composites.
TenCate Performance Composites, a subsidiary of TenCate Advanced Composites, will subsequently change to Toray PMC.
Toray acquired TenCate Advanced Composites in 2018, and has been working in recent months to integrate them into the Toray Group.
Keisuke Ishii, Chief Executive Officer of Toray Advanced Composites, says, “We are excited to transition into the Toray family and continue to provide the best value to our customers under our new identity. Toray has a long heritage of product innovation and production excellences that will help reinforce Toray Advanced Composites’ strengths, and will enable us to more effectively support our customers in growing markets.”
The new names were officially unveiled at JEC World 2019 that started on March 12th in Paris. The name changes will be completed by July 17, 2019.