Teijin breaks ground on carbon-fiber facility in South Carolina

Teijin Ltd. (Tokyo) announced that it broke ground June 1 on a new carbon-fiber production facility of its wholly owned subsidiary Teijin Carbon Fibers Inc. (TCF), located in Greenwood, SC. Teijin will further evolve its carbon-fiber businesses under a long-term vision to reduce its environmental footprint and satisfy tightening environmental regulations worldwide, said the company.

“We look forward to this new chapter of Teijin’s expansion in the U.S.,” said Yukito Miyajima, President of TCF. “We are strengthening its global upstream-to-downstream carbon-fiber business. In particular, we have been leveraging research and development to expand the carbon-fiber business in the aircraft and automotive fields.”

Teijin looked at multiple locations during the process of siting a new facility, but ultimately, with the support of local and state government officials, the company chose Greenwood as the ideal location for its new U.S. carbon-fiber facility.

“South Carolina continues to make great strides in the manufacturing industry, and Teijin’s expansion and commitment to our state is proof that our hard work is paying off,” said Bobby Hitt, Secretary of Commerce, South Carolina. “We treasure our relationship with Teijin and look forward to industry success for years to come.”

The new facility is expected to create some 220 jobs and will represent $600 million worth of investment by around 2030, said the company. It’s the largest initial capital investment by a company in Greenwood.