02 April 2013
02 April 2013
Toray has agreed to purchase Dome Carbon Magic (DCM) from the Dome Group, a racing car designer and manufacturer, in order to expand its carbon fibre composite materials business in the automobile industry.
Toray plans to rename the company Toray Carbon Magic. At the same time, the company will also acquire a 75% stake in Dome Composites Thailand (DCT) to make it a subsidiary, which Toray plans to rename as Carbon Magic, Thailand.
DCM was established in 1995 as a manufacturing company of Dome to produce carbon fibre reinforced polymer (CFRP) parts for racing cars. DCM’s expertise in design engineering, prototype proposal and high precision technology, acquired through its experience in design and manufacturing of racing car parts, is highly respected in the market. The company has been producing a number of CFRP parts in a wide range of fields not limited to automobile applications.
DCT was established in 2005 as a joint venture with Saha Group, a major local consumer goods conglomerate, for mass production of CFRP parts. Since then, DCT has been mass-producing high-quality products at competitive prices using autoclave technology and steadily expanding its business.
The Toray Group will continue to expand and enhance the vertical integration business model on a global scale with the aim of offering solutions to its customers and further expanding its carbon fibre and advanced composites business.
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