Innovative Manufacturing Capabilities HITCO has significantly advanced its manufacturing processes with the addition of Automated Fiber Placement and Tape Laying capabilities, making it a highly capable partner for complex composite aerospace structures and opening opportunities for collaborations with aerospace OEMs seeking high-quality, efficient composite solutions.
Strategic Asset Shift The recent sale of Hitco’s assets to Tex Tech Industries indicates a strategic restructuring, which may lead to new business opportunities in the composite materials sector, especially as Tex Tech continues operations at the Gardena plant and expands its aerospace manufacturing portfolio.
Recognition and Awards Receiving Boeing’s 2007 Supplier of the Year Award highlights HITCO’s strong reputation and proven quality standards within the aerospace industry, making it a reliable partner for tier-one aerospace manufacturers looking for proven suppliers with industry recognition.
Market Position and Revenue Range With revenues between $100M and $250M and a workforce of up to 200 employees, HITCO presents a mid-sized but established opportunity for companies seeking scalable partnerships in high-performance composite structures for aerospace applications.
Industry Collaborations Partnerships such as with performance brake systems manufacturer AP Racing demonstrate HITCO’s capacity to serve niche markets and custom applications, indicating potential for targeted sales in specialized aerospace and performance sectors seeking advanced composite solutions.