Press Release

Fiber Materials Inc. Selected as New England Innovation Award Finalist

Fiber Materials Inc. Selected as New England Innovation Award Finalist

The Biddeford ME company’s 3D Polymer Matrix Composite is one of 20 Top Innovations

In the Smaller Business Association of New England Competition

(For Immediate Fiber Materials Inc. (FMI), a Biddeford Maine company that develops and manufactures high temperature materials and composites for defense, industrial, commercial, and aerospace applications, has been selected as a finalist in the 2017 New England Innovation Awards sponsored by the Smaller Business Association of New England (SBANE). FMI’s entry for its 3D Polymer Matrix Composite is one of 20 selected from 194 innovative organizations to compete in the final phase of this competition.

FMI’s 3D Polymer Matrix Composite (PMC) is a lightweight, high strength, fiber reinforced composite capable of withstanding a wide range of challenging thermal and environmental conditions. FMI’s solution uses a proprietary 3D weaving technique that improves material performance through the use of uncrimped fibers and placed fiber reinforcements in three or more directions, allowing fiber volumes to be varied for specific applications. Use in high end automotive, spacecraft, and medical devices is anticipated for this innovative product.

“The Smaller Business Association of New England is one of the leading business organizations in New England. We applied for the “In addition, working through the awards process gives us insights into our value proposition that we may not normally get if we talk to our regular customers.”

“For FMI, being selected as a finalist in SBANE’s Newsame way.”

Innovation is at the heart of economic prosperity and SBANE continues to recognize those companies and organizations that have transformed Former winners come include notable companies such as Staples, PictureTel, Ben & Jerry’s, Brooks Automation, Genzyme, Nantucket Nectars, Imagitas!, Aurora Imaging Technology, Hubspot and iRobot.

Winners and finalists of this prestigious award will beMA.

FMI Media Contact: Dianna Fletcher, (207) 831-8148, dianna@fletcher-media.com

About Fiber Materials Inc: FMI is a material solutions company that offers a range of capabilities to support the most challenging applications from concept to production. As a recognized leader in the manufacture of high-temperature composite materials, FMI produces components and products that serve a range of applications from industrial insulation and friction hardware, and from thermal protection systems (TPS) to rocket motors and nose tips. Our materials can be found inside industrial furnaces, at the National Air and Space Museum, and on the surface of Mars. Find out more at www.fibermaterialsinc.com

About The Smaller Business Association of New England, Inc. (SBANE): Founded in 1938, SBANE is a private not-for-profit association of approximately 600 member companies located throughout the six-state region. SBANE was established to provide a legislative voice for small business at the state and federal levels and to make practical information available to help business owners grow their companies. SBANE runs diverse, educational programs each year and has active chapters in Massachusetts and Rhode Island. The membership is characterized by a high degree of participation, reflected in a large and dynamic committee structure, addressing a range of topics from international trade to human resources. Visit SBANE at www.sbane.org.

FOR MORE INFORMATION:

Website: www.fibermaterialsinc.com