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Business

Toray to build air bag fabric plant in Mexico

TOKYO -- Toray Industries plans to construct a Mexican factory for fabric used in automotive air bags, its first production facility related to air bags in the Americas.

The roughly 10 billion yen ($100 million) plant, which will make everything from nylon fibers to the finished fabric, is slated to come onstream in fiscal 2017. This will increase the Japanese company's output capacity about 20%.

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