Toray Advanced Composites Acquires Colorado-Based Thermoplastics Manufacturer
Toray Advanced Composites Acquires Colorado-Based Thermoplastics Manufacturer

Toray Advanced Composites Acquires Colorado-Based Thermoplastics Manufacturer

  • 06-Nov-2024 11:41 AM
  • Journalist: Rene Swann

Toray Advanced Composites, a leader in advanced material technologies, has announced a strategic expansion of its continuous fiber-reinforced thermoplastic composite materials through the acquisition of assets, technology, and intellectual property from Gordon Plastics, based in Englewood, Colorado. This acquisition enables Toray to increase its development, testing, and production capabilities for continuous fiber-reinforced thermoplastic unidirectional tapes, particularly enhancing its ability to handle high-temperature polymer systems.

The acquisition includes a 47,000-square-foot, state-of-the-art production facility near Denver, Colorado, which will now function as a satellite R&D and production hub under Toray Advanced Composites. With this facility, Toray gains expanded resources and expertise to support growing demands in sectors such as sporting goods, oil and gas, and various industrial applications. Additionally, the seasoned team from Gordon Plastics has joined Toray, bringing valuable experience and production knowledge to help accelerate the company’s market growth.

Steve Cease, Chief Technology Officer and U.S. Managing Director at Toray Advanced Composites, emphasized the strategic importance of the acquisition: "This move significantly strengthens Toray Advanced Composites’ role in developing and supplying continuous fiber-reinforced thermoplastic composites. The expertise, technology, and rapid response culture at Gordon Plastics are tremendous assets to our portfolio and underscore Toray's commitment to advancing thermoplastic composites in industrial applications.”

The Englewood facility is ready to deliver an extensive product range of continuous fiber-reinforced composite tapes. These products are available with various high-performance matrix options, including PEI (Ultem™), PPS, PES, PESU, PA6, and PA11, reinforced by diverse glass and carbon fiber types. Toray’s sales and technical teams are equipped to provide comprehensive support to customers, offering information on material samples, product availability, pricing, and technical specifications to meet specific project requirements.

This acquisition marks a crucial step for Toray Advanced Composites, reinforcing its position in the thermoplastic composites market and enhancing its ability to serve emerging demands with innovative materials and rapid response capabilities.

Toray Advanced Composites, a leader in advanced thermoplastic and thermoset composite materials, provides innovative solutions for high-performance sectors including aerospace, space, communications, automotive, consumer, and industrial markets. Known for combining state-of-the-art materials technology with exceptional technical expertise, Toray Advanced Composites operates under a customer-focused business model designed to meet the specialized needs of these demanding industries. The company’s expansive product portfolio is supported by production and operational facilities across North America, Europe, and Asia, ensuring a strong global presence. As a subsidiary of the Toray Group, Toray Advanced Composites is well-positioned to deliver advanced composite solutions worldwide, enhancing performance and reliability in critical applications.

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