TF Industries LLC | Application Preview
TF Industries LLC is seeking government grants to acquire specialized 3D metal and plastic printing equipment. This investment in capital equipment is essential for TFI to produce high-quality components reliably. The company has already begun attracting potential customers, ready to serve once the necessary equipment is in place.
Over the next five years, TFI envisions establishing a commercial facility equipped with multiple 3D printing machines and CNC machinery for custom fabrication. The goal is to become a direct supplier of custom parts with a quick turnaround, addressing a gap in the manufacturing sector by providing quality products without overcharging customers.
The rationale for funding approval highlights TFI's role as a critical link between traditional large-scale manufacturing and the needs of inventors and startups that cannot afford the high costs associated with larger companies like ProtoLabs. TFI aims to build long-term relationships with customers, assisting them through their product development journeys.
In terms of competition, ProtoLabs is identified as a primary competitor. The impetus behind launching TFI was to create a more accessible alternative for smaller companies and startups, offering quality services at fair prices. TFI's competitive advantage lies in its customer-centric approach, aiming to alleviate the financial burden that startups face in getting their products to market while providing resources comparable to those of larger firms.
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General Information
Business Registration Number: 202306211701522
Location: Lowell, IN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
TF Industries needs to purchase equipment to serve our industry. This equipment is specialized in the form of 3D Metal Printing and 3D Plastic Printing. This would be a capital equipment purchase that would allow TFI to produce the required components with strong quality and reliability that our company focuses on. Leads have already started on gaining a customer basis that we can start to serve as soon as we have the equipment in place to produce the parts that are needed.
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Business Plan
In 5 years I would like to see TFI in a commercial setting. We would have over a dozen machines in a facility to provide our customers with the required parts they need. This would be a diverse set of machines starting with 3D metal and plastic printing but then also having CNC machines in house for custom work. We would become a direct supplier of custom parts on a fast turnaround. We would be filling a void that is currently needed in the manufacturing industry. Producing quality product with out price gauging the customer. Investors should look at us as a missing link between big manufacturing and one off manufacturing. There are customers out there that need their parts produced but can not afford the big box companies [ProtoLabs] to produce their parts. I want to provide the resource for these inventors or the next big company to come to. This will also build that working relationship. We where able to help them become what they needed to become and now we are there recourse for contract manufacturing for when there big idea comes to production.
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Self Identified Competition
Protolabs is who I feel is my direct competitor or any other company like them. Protolabs is why I wanted to start this company as an outlet for smaller companies or start ups to come to and still get quality but at a much fairer price. We are customer focused and our goal is to help the start ups. I am a start up. Other contacts of mine that have started there own companies complained about the cost of getting there product to market due to the high cost of low volume manufacturing. Where I want to make a difference in the manufacturing industry is have a company that can provide the same recourses as the big box company can but at a price that a start up can handle.
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Contact Applicant
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