On September 26th 2014 the Japanese company TORAY, world leader in the production of carbon fibers, inaugurated a new factory to make its raw material (PAN). The investment represents 120 million euros. The plant will in due course produce 12 000 tons a year. The President and Director General of TORAY, Akihiro NIKKAKU, and the President Director General of TORAY Carbon Fibers Europe, Bernard Martin, presided over the inauguration of the plant in the presence of the Préfet des Pyrénées Atlantiques and numerous personalities. This was an opportunity to welcome this investment realized in France by a Japanese industrialist and to encourage the TORAY Group to further reinforce its presence in Béarn.