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View Full Version : TRYIY.pk Toray Industries


Guthrie
07-08-2007, 11:00 PM
Not a big board stock but they're trading on 70+ so they don't belong in any of the other sections.
Toray industries is a company out of Japan trading in the US on the pinks, most Japanese companies trade through pinks and not on the big boards. Toray Industries manufactures carbon fiber composite materials for the Boeing 787. Carbon fiber stocks are going to be HOT IMO because at the time of the design the Boeing 787 took more carbon fiber to produce than what was being produced at the time. There's not much info on this company out there and I'm guessing it's on the pinks because Japanese financials might be different from the standard GAAP rules we use in the US. However, Toray also produces a bunch of other stuff http://torayusa.com/index.htm
Good luck!

lovemoney
07-08-2007, 11:40 PM
I saw that company mentioned in the PR link that Grizzums posted about the new Boing 787 Dreamliner. They are supplying the carbon-composite fibre which will make up around half the plane's main structure

The main overseas partners on the 787 project are Japanese companies -- Mitsubishi Heavy Industries Ltd., Kawasaki Heavy Industries Ltd., and Fuji Heavy Industries Ltd., which are building key parts of the carbon composite fuselage, wing box and wing.

Japan's All Nippon Airways has the first order, for 50 787s.