RIKEN AMERICAS Group Completes Expansion of Production Facilities

Strengthening Competitiveness in the North American PVC Compound Market

RIKEN TECHNOS CORPORATION (Head Office: Chiyoda-ku, Tokyo; Representative Director, President & CEO: Kazuaki Tokiwa) announced that RIKEN ELASTOMERS CORPORATION (Head Office: Kentucky, United States; President: Toshimi Yamanaka), a subsidiary of its consolidated subsidiary RIKEN AMERICAS CORPORATION (Head Office: Kentucky, United States; President: Toshimi Yamanaka), has completed expanding its production facilities.

The RIKEN AMERICAS Group manufactures and sells automotive components centered on wire harnesses, polyvinyl chloride (PVC) molding materials for profile extrusion, and high functionality plastic molding materials. To meet the expanding demand for PVC compounds in North America, Group company RIKEN ELASTOMERS embarked on a plan to expand its facilities in autumn 2022.

The installation of the new production line has been completed, and trial operation has commenced toward full-scale operation. On March 13, 2025, a ceremony to celebrate the completion of the line was held and attended by representatives from the state of Kentucky and the city of Hopkinsville as well as other associates of the company. At the ceremony, Representative Director, President & CEO Kazuaki Tokiwa of RIKEN TECHNOS gave a speech as the representative of the RIKEN TECHNOS GROUP, in which he said, “I hope that RIKEN ELASTOMERS will make full use of this new production line to increase its market share and grow further as a leader of our Group’s sites in North America.” President Toshimi Yamanaka of RIKEN AMERICAS also gave a speech, saying, “The introduction of the new manufacturing line is essential for us to further enhance our competitiveness in the market and provide higher quality products for our customers. I am truly pleased to be able to welcome this new beginning with a sense of unity with all of you.”

This expansion of production facilities will allow RIKEN AMERICAS to achieve greater production efficiency while maintaining its strength of a high advantage in quality, thereby further heightening its competitiveness in the North American PVC compound market.

The RIKEN TECHNOS GROUP will contribute to society’s development by building the optimal global production and supply system according to market demand trends.

Overview of RIKEN AMERICAS CORPORATION and RIKEN ELASTOMERS CORPORATION

Company name	RIKEN AMERICAS CORPORATION	RIKEN ELASTOMERS CORPORATION
Establishment	April 2017	June 2006
Capital	USD 30.000 million	USD 28.741 million^*
Location	Kentucky, United States	Kentucky, United States
Business	Sale of high functionality plastic and polyvinyl chloride molding materials	Manufacturing of high functionality plastic and polyvinyl chloride molding materials

* Figure includes capital reserves.