Toray Industries, Inc. of Japan is the recognized worldwide leader in the carbon fiber industry, having pioneered development of PAN-based carbon fibers over 30 years ago. The Toray Group, including its US-based subsidiary, Toray Carbon Fibers America, Inc., is the world's largest producer of PAN (polyacrylonitrile)-based carbon fibers, with manufacturing and distribution facilities in the United States, Europe and Japan. Toray's TORAYCA brand carbon fibers are globally recognized for their outstanding performance, quality and processing consistency, making them the preferred choice of designers, engineers and fabricators worldwide.