Toray Plastics (America), Inc., a subsidiary of Japan-based Toray Industries, Inc., will invest $45 million to expand its Front Royal facility in Warren County, Virginia.
As a global leader in high-performance films, synthetic fibers and textiles, carbon fibers, plastics, chemicals and pharmaceuticals, Toray Plastics (America) will add extrusion capability and a new production line to meet growing customer demand. The project will create 30 new jobs.
“We have had a long and successful relationship with the State of Virginia and to base this new expansion in Front Royal was the best, most logical choice,” said Michael Brandmeier, President/CEO, Toray Plastics (America), Inc. “Our existing workforce is the backbone of our business, and we look forward to adding this new capacity and these 30 new jobs over the next several years.”
Virginia Economic Development Partnership worked with Warren County to secure this project for Virginia. Funding and services to support employee training activities will be provided through the Virginia Jobs Investment Program.
“This exciting announcement is another win for Virginia’s thriving advanced manufacturing sector, as well as our ongoing efforts to help corporate partners like Toray Plastics (America) expand and create new jobs in communities like Front Royal,” said Governor Terry McAuliffe. “We are working aggressively to leverage Virginia’s world-class business environment and workforce to help more companies like Toray make the right decision to locate, grow and succeed here in Virginia. The manufacturing sector continues to be a cornerstone of our efforts to build a new Virginia economy, locally and internationally, and my administration is committed to supporting Toray’s continued success in Front Royal.”
“Toray Plastics is an excellent example of an international firm investing and choosing to grow in Virginia after experiencing the Commonwealth’s world-class business environment, quality of life and workforce,” said Secretary of Commerce and Trade Maurice Jones. “Congratulations to the company and Warren County on the exciting expansion. We look forward to further strengthening our relationship in order to create even more jobs and opportunities for growth in the region.”