Toray Plastics (America) Celebrates 30 Years
- Published: July 22, 2015
NORTH KINGSTOWN, RI | Toray Plastics (America) is celebrating its 30th anniversary as a US-based innovator and manufacturer. Founded in Rhode Island in 1985 by Toray Industries with the vision of growing a national presence for the company's global brands, it now consists of three divisions: Torayfan Polypropylene Film and Lumirror Polyester Film Divisions, located at its 70-acre campus in North Kingstown, and the Toraypef Foams Division, located on 168 acres in Front Royal, VA.
The company, with close to 700 employees, is a manufacturer of polyester, polypropylene, bio-based, and metallized films for flexible and rigid packaging, lidding, graphic, industrial, optical, and electronic applications. It is also a supplier of polyolefin, polypropylene, and polyethylene foams for the automotive and flooring industries.
Company has also donated millions of dollars and hundreds of hours of service to institutions and organizations. As a champion of higher education, it has made significant financial donations to the University of Rhode Island (URI) to support internship programs and undergraduate and graduate scholarships. The company has also committed $2 million dollars in 2014 towards URI's new College of Engineering campus, which is scheduled for completion in 2018. It also reports the implementation of a leading-edge environmental program, which includes what is said to be Rhode Island's largest solar farm, two cogeneration plants, zero landfill, water conservation, extensive recycling, and more
"Most businesses never achieve this milestone," says Mike Brandmeier, president and CEO. "That we have thrived is a testament to the expertise, mindset, and commitment of our people, and the relationships we have cultivated with business, government, educational, and non-profit organizations in our communities. We are grateful for the opportunities we've had and look forward to discovering what the next 30 years will bring."
Brandmeier notes that Toray's commitment to innovation and the future of its business is also demonstrated by its ongoing reinvestment in R&D for the development of cutting-edge, next-generation products for each of its core businesses.
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