Tokyo-based Teijin Ltd. has broken ground on a new carbon fiber plant in Greenwood, S.C. The plant will be part of its wholly-owned subsidiary Teijin Carbon Fibers Inc. (TCF). The company held a groundbreaking ceremony for the new facility. The total investment is expected around $600 million by 2030, and the TCF facility is expected to employ 220 people.
“We look forward to this new chapter of Teijin’s expansion in the U.S.,” said Yukito Miyajima, president, TCF. “We are strengthening its global upstream-to-downstream carbon fiber business. We have been leveraging research and development to expand carbon fiber business in the aircraft and automotive fields. Throughout this process, we looked at multiple locations, but ultimately, with the support of local and state government officials, we chose Greenwood as the ideal location for our new U.S. carbon fiber facility.