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Japanese Firm Takes a Stake in Company that Supplies Carbon fiber Panels for the Corvette Stingray

A Japanese company that is the world’s largest maker of carbon fibers has bought 20 percent of the supplier that will be producing two carbon fiber body panels for the 2014 Corvette Stingray.

The move by Tokyo-based Toray Industries Inc., to buy a minority stake in Michigan-based Plasan is a bid to expand its carbon fiber composite material business globally in the automotive field.

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