Toray Advanced Composites, a leading provider of advanced material technologies, has expanded its continuous fiber-reinforced thermoplastic composite materials through the acquisition of assets, technology, and intellectual property from Gordon Plastics, a renowned company based in Englewood, Colorado. This acquisition enhances Toray’s capabilities in developing, testing, and producing continuous fiber-reinforced thermoplastic unidirectional tapes, particularly for high-temperature polymer systems. The acquisition includes a 47,000-square-foot production facility, which will serve as a satellite R&D and production hub, and a team of seasoned experts who have joined Toray, bringing valuable experience and production knowledge. Steve Cease, Chief Technology Officer at Toray Advanced Composites, highlighted the strategic importance of the acquisition, stating it reinforces Toray’s role in developing and supplying continuous fiber-reinforced thermoplastic composites. The acquisition enables Toray to meet growing demands in various industries, including sporting goods, oil and gas, and industrial applications.
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