Fiber-Tech Inc. is a privately held company specializing in the design and manufacture of custom molded composite components and assemblies. Established in 1987, the company has built a reputation for high-quality craftsmanship, catering to the exact specifications of its clients across various industries. Headquartered in Franksville, Wisconsin, Fiber-Tech serves sectors including agriculture, construction, mass transit, telecommunications, marine, aerospace, and power generation.
Key Strategic Focus
Fiber-Tech's strategic focus lies in delivering value-added, custom-engineered composite solutions tailored to the unique needs of original equipment manufacturers (OEMs). The company specializes in processes such as hand lay-up, resin transfer molding, light resin transfer molding, vacuum bagging, vacuum infusion, and closed cavity bag molding. These advanced manufacturing techniques enable Fiber-Tech to produce high-quality composite components that meet the stringent requirements of its diverse clientele.
Financials and Funding
Fiber-Tech Inc. has an estimated annual revenue ranging between $10 million and $50 million. The company has raised a total of $350,000 in funding over one round.
Technological Platform and Innovation
Fiber-Tech distinguishes itself through its expertise in various composite manufacturing processes, including:
- Hand Lay-Up: A manual process where layers of fiber reinforcement are placed in a mold and saturated with resin.
- Resin Transfer Molding (RTM): A closed-mold process where resin is injected into a mold containing dry fiber reinforcement.
- Light Resin Transfer Molding (LRTM): A variation of RTM that uses a lightweight mold and vacuum assistance to infuse resin.
- Vacuum Bagging: A technique that applies vacuum pressure to remove air and excess resin, resulting in a higher fiber-to-resin ratio.
- Vacuum Infusion: A process where vacuum pressure draws resin into a dry fiber lay-up, ensuring thorough saturation and consolidation.
- Closed Cavity Bag Molding: A method that uses a flexible bag to form a closed mold cavity, allowing for complex shapes and high-quality surface finishes.
These proprietary technologies and methodologies enable Fiber-Tech to deliver durable, lightweight, and high-performance composite components across various applications.
Leadership Team
Fiber-Tech's leadership team comprises experienced professionals dedicated to advancing the company's mission:
- Richard Palmer, Sales Manager: Oversees sales operations, focusing on client relations and business development.
- Kevin Gall, Plant Manager: Manages manufacturing processes, ensuring efficiency and product quality.
- Michael Bever, Marketing/Sales: Handles marketing strategies and sales initiatives to expand the company's market presence.
Competitor Profile
Fiber-Tech operates in a competitive landscape with several notable companies:
- A&E Plastics: Specializes in plastic manufacturing with an estimated revenue of $2.5 million and 21 employees.
- Custom Molded Plastics: Focuses on custom plastic molding, generating approximately $3.5 million in revenue with 11 employees.
- Hi-Rel Plastics & Molding: Provides plastic molding services with a revenue of $4.3 million and 18 employees.
- Advanced Composites: Engages in composite manufacturing, reporting $18.4 million in revenue and 91 employees.
- Indiana Plastics: Offers plastic manufacturing services with a revenue of $12 million and 21 employees.
These competitors operate in similar markets, offering various plastic and composite solutions, contributing to a dynamic and competitive industry environment.
Strategic Collaborations and Partnerships
While specific strategic collaborations and partnerships for Fiber-Tech Inc. are not detailed in the available information, the company's commitment to delivering custom-engineered composite solutions suggests potential collaborations with OEMs across various industries to meet specialized requirements.
Operational Insights
Fiber-Tech's strategic considerations include:
- Market Position: Maintaining a strong presence in the composite manufacturing industry by leveraging advanced technologies and processes.
- Competitive Advantages: Offering customized solutions tailored to client specifications, utilizing a range of proprietary manufacturing techniques to deliver high-quality products.
Strategic Opportunities and Future Directions
Fiber-Tech's future directions may involve:
- Expansion into New Markets: Exploring opportunities in emerging industries that require advanced composite solutions.
- Technological Advancements: Investing in research and development to enhance existing manufacturing processes and develop new composite materials.
- Sustainability Initiatives: Implementing eco-friendly practices and materials to meet increasing environmental regulations and customer preferences.
By capitalizing on its technological expertise and commitment to quality, Fiber-Tech is well-positioned to pursue these strategic opportunities and achieve future growth objectives.
Contact Information
- Website: fiber-techinc.com
- Headquarters: Franksville, Wisconsin, USA
For more information, visit the company's official website.