Toray Textiles in to Mansfield
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Economic TORAY TEXTILES INTO MANSFIELD Case Study of * What is Toray? * Why Mansfield? * How does it benefit local community? * The multiplier effect. * Factors involving the choice of a work site Toray Textiles - Key facts : * Established in Japan in 1926. * Owns over 60 branch plants - Asia, North America, Europe, making company name recognised worldwide. * Plants include: Italian artificial suede manufacturer, French carbon fibre manufacturer. * Sales offices located in Milan and Frankfurt. Why Britain? * Close link with Marks & Spencer - provides a good product outlet and can supply new designs at short notice. * Turnover expected to be over 80 million pounds from new plant in Mansfield. * Japan has become too expensive as a manufacturing base for a product so technically unadvanced. * E.C. rules state that, unless 60% of any product is made in E.C. by E.C. registered employees, then the product is subject to import duty in the form of money...

