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Toray agrees on 1 tril. yen supply contract with Boeing

Toray agrees on 1 tril. yen supply contract with Boeing

TOKYO, Japan - Akihiro Nikkaku (L), president of Toray Industries Inc., shakes hands with John J. Tracy, chief technology officer of Boeing Co., at a press conference in Tokyo on Nov. 17, 2014. Toray said it has agreed on a new contract worth 1 trillion yen (about $8.7 billion) to supply carbon fiber for Boeing's jets and will begin talks to work together with the U.S. aircraft maker to lower the costs of the lightweight material.

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Toray agrees on 1 tril. yen supply contract with Boeing

Toray agrees on 1 tril. yen supply contract with Boeing

TOKYO, Japan - Akihiro Nikkaku (L), president of Toray Industries Inc., shakes hands with John J. Tracy, chief technology officer of Boeing Co., at a press conference in Tokyo on Nov. 17, 2014. Toray said it has agreed on a new contract worth 1 trillion yen (about $8.7 billion) to supply carbon fiber for Boeing's jets and will begin talks to work together with the U.S. aircraft maker to lower the costs of the lightweight material. (Kyodo)

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