Performance Polymer Solutions, Inc. is embroiled in a sticky business -- high-temperature reinforced polymer materials used for adhesive, resin and fiber molding products.
These days, the company is attracting plenty of attention from government and others who see the value of materials that can work at extreme temperature (600 degrees), a requirement for aviation and aerospace applications.
Based in Moraine, P2SI's products are part of the production of the F-35 Joint Strike Fighter and are also well suited for missiles, space systems, electronics, off-shore drilling, and optical devices, says Jason Lincoln, vice president and co-founder.
The company was started in 2002 by Lincoln and David Curliss, who formerly worked on similar technology with the U.S. Air Force. P2SI recently received a Third Frontier Grant of $350,000 to expand its production.
Over the past six years, P2SI has received numerous Small Business Innovation Research and Small Business Technology Transfer grants through the National Science Foundation, the U.S. Navy and the Office of the Secretary of Defense to develop its specialized materials. At least 75 percent of the company's business is related to military uses, says Lincoln.
In addition to high temperature adhesives, resins and prepags, P2SI offers high-temperature composite parts manufacturing, manufacturing support, contracted research and development and testing and analysis.
The company currently employs people 14 full time, but over the next three years Lincoln says P2SI will be adding three to five new employees in manufacturing and marketing as it ramps up production to meet higher demand.
Source: Jason Lincoln, Performance Polymer Solutions
Writer: Val Prevish