Manufacture and sale of carbon fiber
Development and provision of carbon fiber products
Research and development of composite materials
Manufacture and sale of carbon fibers
Production of advanced composite materials
Development and supply of carbon fiber products for industrial applications
Manufacture of carbon fibers
Development of automotive composite applications
Research and development in lightweight materials
St. Louis, Missouri, USA
David Stewart
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8 entries
| Date | Description |
|---|
| 1975 |
ZOLTEK was founded in 1975 by Mr. Zsolt Rumy in St. Louis, Missouri. |
| 1988 |
ZOLTEK enters the carbon fiber business with an acquisition in 1988, focusing on high-priced, low volume aerospace applications. |
| 1992 |
ZOLTEK's initial public offering occurred in 1992. Our IPO raised $4 million, and we used most of that to build our first continuous carbonization line for the textile-type precursor. |
| 1995 |
Using the proceeds of the secondary stock offering, ZOLTEK purchased Magyar Viscosa, a Hungarian producer of acrylic and other fibers for the European textile market, giving us further means to drive costs and price while ensuring a supply of raw materials to meet increasing demand. |
| 1996 |
As ZOLTEK completed a secondary stock offering in 1996, we utilized the proceeds to finance an accelerated five-year strategic plan - ZOLTEK2000 - which included the installation of new continuous carbonization lines in Abilene, Texas and Hungary. |
| 2004 |
Orders increased suddenly in 2004, and the demand for carbon fiber continued to increase. |
| 2007 |
As the demand for commercial carbon fibers increased, ZOLTEK acquired a facility in Guadalajara, Mexico. |
| 2014 |
In 2014, ZOLTEK was acquired by the Toray Group. |
2026-09-21 18:05 (Model: gpt-4.1-nano )
