Business News

Toppan Cosmo signed a business purchase agreement with Chiyoda Gravure regarding their US operations

Tuesday 04. September 2012 - Toppan Cosmo, Inc. (TCI) and Chiyoda Gravure Corp. (CGC), both headquartered in Tokyo, Japan, announced today that the two companies have signed an agreement on the sale and purchase of the business of Chiyoda America Inc. (CAI), CGC's affiliated company in Morgantown, PA.

Pursuant to this agreement, Toppan Interamerica Inc. (TIA), a subsidiary of TCI in McDonough, GA, will take over the business and production facilities of CAI. The two companies are targeting a closing date during the fourth quarter of calendar year 2012.
TIA will continue to optimize and coordinate the manufacturing capability of both facilities to enhance the local supply of decorative surfacing materials.