Innovative Product Empirical Design holds a patent on The Original Hopper Slide®, a specialized device for the plastics manufacturing industry that simplifies hopper draining, cleaning, and purging processes, presenting a unique value proposition for companies seeking efficiency improvements.

Niche Market Focus With a targeted product designed for extrusion, injection molding, and blow molding equipment, the company serves a specific segment within the broader plastics manufacturing industry, offering opportunities to reach specialized manufacturing plants and equipment suppliers.

Growth Potential Although current revenue is under one million dollars, the patent and product innovation suggest opportunities for expansion into larger markets or additional plastics processing applications, especially as industry companies seek cost-saving and safety-enhancing solutions.

Limited Competition Holding a patent provides Empirical Design with a competitive edge in the niche market of hopper accessories, positioning them as a potentially dominant supplier within this specialized segment for plastics manufacturers looking to improve process safety and efficiency.

Market Expansion Similar companies with larger teams and revenues operate in broader design and innovation spaces, indicating potential opportunities for strategic partnerships or product diversification to leverage broader industry trends toward automation and operational efficiency.