Toray Opening New R&D Site In Europe Focused On “Environmentally Friendly” Vehicles

Toray Opening New R&D Site In Europe Focused On “Environmentally Friendly” Vehicles

The automotive materials and parts supplier Toray Industries has announced that it will be opening a new research and development center in Europe — dubbed Automotive Center Europe — focused on the emerging “environmentally friendly” vehicle sector. The new Automotive Center Europe (AMCEU) facility will be located in Munich, Germany, and is expected to open in August 2018. The plans relate to the firm’s efforts to strengthen R&D function for the “Green Innovation Business” in Europe. This was stimulated by strong growth in recent years (~10% a year) for “new materials” coming from Japanese auto OEMs, and driven partly […]