Welcome to our 50th year in business.
Airtech is still a family-owned and operated business, and our core values remain the guiding principles for everything we do.
We have worked through and adapted to the health and supply issues of the past few years. While it was certainly challenging in many ways, it also showed how strong we are as a company - even in the toughest of times.
In my 42 years at Airtech, I have never seen such rapid increases in raw material prices, along with global material shortages and supply delays. This is where our outstanding customer service came into play. We were able to keep increases to a minimum, stock excess raw materials, and manufacture our products without many outages.
To ensure that our customers are supported, we have stocked much more inventory than common business sense would suggest, and as the largest manufacturer in our industry, our supply partners have worked with us to keep up with our requirements. The best of both worlds in such a challenging environment. This speaks to our most important strength: family values. As a private, family-owned company, we take a long-term view of our business by investing in the future of our customers and employees.
With the same mentality and vision for the future, we have begun developing biomaterials to offer our customers more sustainable solutions, reduce our carbon footprint, and bring lasting change for future generations. We want to focus not only on the materials themselves, but also on the entire life cycle, from manufacturing to recycling / decomposition. All of our data sheets will have environmental information on each product. We also manufacture many of our products at several locations worldwide (North America, Europe and Asia), to reduce freight and travel emissions, and with the added benefit of lower costs.
We have a 50-year legacy of pioneering innovation in the composites industry and diversification into new markets. In a short time, we have become leaders in the large-scale additive manufacturing of composite tooling, and have also begun to compound our own AM resins. We produce these materials and services in both the USA and Luxembourg to meet demands for quick, high-quality composite tooling for autoclave, resin infusion, trim fixtures, foundations, and many other uses. We have also expanded our services in the solar and architecture markets by developing high-performance state-of-the-art fluoropolymer films. We're growing from strength to strength and have a lot more in store for the future, with exciting times ahead.
For a business to thrive for a half-century speaks not only to its longevity, but also to its ability to adapt and grow, even in the hardest of times. I just want everyone to know that we have not spent the last three years hiding and hoping for the best, but rather improving, researching better environmental materials, diversifying our business, and ensuring our inventory levels are higher than ever before.
Being family-owned, our goal is to make you feel part of our 50-year-old family.
Thank you for your support, and we will keep working hard for you.