Toray and MAS Holdings Enter Joint Venture in India [Yahoo! Finance]
TORAY INDUS INC UNSP/ADR (TRYIY)
NASDAQ:AMEX Investor Relations:
toray.com/ir/index.html
Company Research
Source: Yahoo! Finance
Operating under the name Toray MAS Apparel India, the venture will include a new manufacturing facility at the MAS Apparel Park Bhuinpur in Odisha, India. The facility is currently in development after a groundbreaking in March, and is expected to be operational in early 2026. More from Sourcing Journal Tariffs Sink India-US Trade: Ocean Freight Rates, Air Cargo Plummet Under 50% Duties Levi's Taps Alia Bhatt and Diljit Dosanjh to Promote Baggy Jeans in India Modi and Trump Break Their Detente, House Republicans Back Tariffs “Toray MAS Apparel India will contribute to local employment and economic growth by manufacturing advanced, top-quality offerings,” said Tero Funahashi, managing director for Toray Hong Kong. “That company will serve as a garment stronghold in India for Toray and MAS Holdings, reinforcing their partnership by deploying strategies that capitalize on their capabilities.” The new facility will cater to both current and potential customers in the region,
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