Toray Plastics (America), Inc., Finalizes the Sale of Its Old Baptist Road Facility to Trico Specialty Films

North Kingstown, RI — Toray Plastics (America), Inc., announces that it has completed the sale of its Old Baptist Road (OBR) plant building and assets to Trico Specialty Films of North Kingstown, Rhode Island, an affiliate of Arlin Mfg. Co., Inc., of Lowell, Massachusetts. The business was transferred on January 3, 2022. The final terms of the deal are confidential. Trico is continuing to provide service to OBR customers.

“Toray signed a letter of intent with Arlin in September 2021 and we are very pleased to have achieved a quick, smooth transition,” says Christopher Roy, Executive Vice President, Toray Plastics (America), Inc. Roy explains that several successful strategic expansions and investments in state-of-the-art film lines in the company’s Torayfan® OPP film division had significantly reduced Toray’s reliance on its OBR assets. He also notes that every Toray employee at OBR was invited to remain with the company and transition to the Torayfan Division.

Steven Mitchell, one of the owners of Trico, says “I appreciate the excellent cooperation between the two companies, which enabled a successful transfer of the business. We are looking forward to expanding Trico’s capabilities in high quality film manufacturing with this acquisition, while continuing to provide exceptional service to existing and new customers.”

About Toray Plastics (America), Inc.
Toray Plastics (America), Inc., is a leading manufacturer of polyester, polypropylene, and metallized films, and polyolefin, polypropylene, and polyethylene foams. The company is committed to environmental, social, and corporate governance and aims to contribute to society through the creation of new value with innovative ideas, technologies, and products that help address global issues. R&D is focused on the development of materials that are fossil fuel-free, compostable, biodegradable, and/or recyclable. The company’s sustainability initiative, launched in 2004, includes the operating of two solar farms and two cogeneration systems, energy and water conservation, recycling, and zero landfill.

Toray Plastics (America) is a subsidiary of the Toray Group, which believes that materials can change lives and provide real solutions to the challenges the world faces. The Toray Group is the world leader in synthetic fibers and textiles, carbon fibers, plastics, chemicals, pharmaceuticals, and high-performance films and has annual sales exceeding US$21 billion.

For more information about Toray Plastics (America)’s products, contact Brenda Ockun, Brand Manager, at brenda.ockun.w9@mail.toray or 315-916-3272. Toray Plastics (America), Inc., headquarters is located at 50 Belver Avenue, North Kingstown, RI 02852-7500; telephone 401-294-4511, fax 401-294-3410. Visit the Toray Plastics (America), Inc., website at www.toraytpa.com.

About Trico Specialty Films
Established in 2011, Trico Specialty Films is a creative and innovative leader in plastic film extrusion. Located in North Kingstown, RI and well known for advancing the performance standards of film products, Trico leadership has over 150 combined years of experience in developing and manufacturing plastic film products. Founded in 1954, Arlin Mfg. Co., Inc., based in Lowell, MA, is a leader in the extrusion and converting of plastic films, specializing in high-strength, narrow-width films and tapes.