Sakakibara proclaimed next Keidanren chief

Jan 14, 2014

Sakakibara proclaimed next Keidanren chief

Keidanren announced Tuesday it will appoint Toray Industries Inc. Chairman Sadayuki Sakakibara as the next chief of the nation’s most influential business lobby to accelerate the country’s economic revival led by the private sector as a leader from a manufacturing company. Sakakibara, who will ...

Sep 27, 2013

Toray in deal to buy U.S. carbon fiber maker Zoltek

Toray Industries Inc., which makes the carbon fiber used in Boeing Co.’s 787 Dreamliner, has agreed to buy Zoltek Companies Inc. for $584 million (about ¥57.6 billion) to expand into markets including windmill blades and auto parts. Toray, based in Tokyo and the world’s ...