Rhode Island governor praises Toray's commitment to the state at ribbon-cutting ceremony; expansion boosts local employment.
Toray Plastics (America), Inc. (www.torayfilms.com), launched new coating equipment at a ribbon-cutting ceremony held on May 2 on the company's 70-acre campus in North Kingstown, RI. The new technology will enable the company to meet global customer demand for industrial and packaging films made with advanced specialty layers. The event was hosted by Toray's President and CEO, Rick Schloesser, who welcomed Lincoln D. Chafee, Governor of Rhode Island, M. Teresa Paiva Weed, senate president, and Gordon D. Fox, house speaker.
Addressing the audience, Schloesser noted that the US$15 million investment in the new coating equipment completes the first phase of the company's advanced technology integration plan, which is part of its global growth strategy. He also spoke of Toray's dedication to the Rhode Island community and said that the expansion has already added 12 new people to its ranks of 600-plus employees. Toray expects that its investment will ultimately create 20 jobs.