Mitsubishi Rayon Co. Ltd. (Tokyo Japan) president Hitoshi Ochi announced on Feb. 25 that his company is planning to launch a new business called Mitsubishi Rayon Carbon Fiber and Composites Inc. on April 1, 2013, by integrating its existing group companies in the United States: carbon fiber manufacturer Grafil Inc. (Sacramento, Calif.) and Newport Adhesives and Composites Inc. (Irvine, Calif.), a manufacturing and sales subsidiary of composites materials and adhesive films.
Grafil and Newport have operated as separate entities since they were acquired by Mitsubishi Rayon in early 1990s. Through the launch of Mitsubishi Rayon Carbon Fiber and CompositesInc. and the acquisition of Aldila Inc., Mitsubishi Rayon boosts its presence in the U.S.
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