Northern Composites, LLC

Northern Composites, LLC, based in the US, specializes in offering high-quality composite materials for various industries, including aerospace and medical, enhancing product performance and durability. Founded in 1965, Northern Composites, LLC provides premium composite materials. The company was acquired by Krayden, Inc. , a portfolio company of Quad-C, in February 2021.

CEO Raymond Miller has been instrumental in leading the firm through its growth phases. Northern Composites specializes in providing premium quality composite materials aimed at the composites, metal bonding, and tooling industries. Their core product offerings include woven and unidirectional structural prepregs, adhesives, vacuum bagging materials, and a diverse range of reinforcements such as glass, carbon, and aramid fibers. These products are designed to meet the needs of various sectors, including medical, aerospace, and marine applications, facilitating advancements in medical devices, enhancing aircraft performance, and improving marine craft durability.

The company serves a global client base, catering to manufacturers and fabricators across North America and Europe, as well as expanding initiatives in the Asian markets. Northern Composites has gained partnerships with leading names in the industry, enhancing their product offerings and distribution capabilities. Northern Composites operates primarily on a B2B transaction model, supplying products directly to manufacturers and fabricators in its target industries. The company's revenue is generated through sales of individual products and custom order fulfillment, focusing on high-demand items such as their proprietary prepregs and adhesive solutions.

Transactions typically involve bulk orders, where clients place orders for materials tailored to specific project requirements, ensuring timely delivery of quality products. Notable products include the Northern® Prepreg series and a selection of Henkel aerospace adhesives, which are integral to their portfolio and frequently utilized in critical applications. This structured approach allows for streamlined business operations and consistent revenue generation while maintaining strong relationships with a diverse clientele. Looking ahead, Northern Composites plans to launch new products specifically designed for the aerospace and medical sectors, with a targeted release by late 2023.

The company aims to expand its market presence in Asia by 2024, leveraging the recent funding from its acquisition to bolster product development and market entry initiatives. The acquisition by Krayden, Inc. will support these growth strategies and improve operational capabilities.