Sankuer Composite Technologies has doubled its staff on a significant bump in growth coming from broad range of new business for its products.
The Sterling Heights-based company creates prototypes and customer products made of carbon fiber, Kevlar and fiberglass components. The common denominator between the products is that they are all light weight, which means they have been traditionally used by the automotive, aviation and marine industries. Think racing cars and boats which look to reduce weight in order to increase speed.
The 9-year-old company's growth is coming from not only increased business in those sectors but also expanding into new areas, such as exhibition. Those industries are looking to lower fuel costs with Sankuer Composite Technologies' lightweight products.
"If they can use material that is much lighter it will cost them less money to ship them across the country, like the displays for the auto shows," says Tim Doty, director of business development/legal for
Sankuer Composite Technologies.
That new business has allowed Sankeur Composite Technologies to hire four people this year, doubling its staff. Doty believes his company could be hiring more before the end of this, perhaps as soon as later this month.
Source: Tim Doty, director of business development/legal for Sankuer Composite Technologies
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.