Fiber Materials Inc. of Biddeford Wins 2017 SBANE New England Innovation Award
The Smaller Business Association of New England (SBANE) award showcases the most innovative companies in New England

(For Immediate Release) Biddeford, ME: Fiber Materials Inc. (FMI), a Biddeford company that develops and manufactures high temperature materials and composites, has been awarded the 2017 Smaller Business Association of New England (SBANE) Innovation Award. This year, SBANE reviewed innovative projects and services from 194 New England companies. FMI’s 3D Polymer Matrix Composite (PMC) won top honors in the For-Profit category.

FMI’s PMC is a lightweight, high strength fiber reinforced composite capable of withstanding a wide range of challenging thermal and environmental conditions. FMI’s solution uses a proprietary 3D weaving technique that improves material performance with uncrimped fibers and placed fiber reinforcements in three or more directions, allowing fiber volumes to be varied for specific applications. FMI’s PMC material can be used in high-performance applications in the automotive, spacecraft, marine, and medical device industries.

“Winning the prestigious SBANE Innovation Award showcases FMI’s commitment as a leader in composite and material solutions which push the boundaries of design,” said Dan Godbout, WW Sales and Marketing Director at FMI. “Our PMC material is a revolutionary solution for high performance products which require a high strength to weight ratio. This 3D polymer matrix composite shows promise with applications such as prosthetics, high-performance race vehicles and aerospace.”

Former winners of SBANE Innovation Awards include notable companies such as Staples, Ben & Jerry’s, Brooks Automation, Genzyme, Imagitas!, Hubspot and iRobot.

“For 32 years, SBANE has done a remarkable job of identifying winners whose technology, services and ideas represent how truly innovative the New England ecosystem is. This year has been no exception,” said SBANE’s New England Innovation Awards Committee Chairman, Todd Faber, President, The Faber Group. “Each and every one of our winners are leaders in their space, driving forward this innovation economy to make our lives and our own companies far superior to any other region in the country, let alone the world. As the SBANE Circle of Excellence welcomes the class of 2017, I can honestly say it is one of our best yet.”

FMI Media Contact: Dianna Fletcher, (207) 831-8148, dianna@fletcher-media.com

About Fiber Materials Inc.: FMI is a material solutions company that offers a range of capabilities to support the most challenging applications from concept to production. As a recognized leader in the manufacture of high-temperature composite materials, FMI produces components and products that serve a range of applications from industrial insulation and friction hardware, and from thermal protection systems (TPS) to rocket motors and nose tips. Our materials can be found inside industrial furnaces, at the National Air and Space Museum, and on the surface of Mars. Find out more at www.fibermaterialsinc.com

About The Smaller Business Association of New England, Inc. (SBANE), founded in 1938, is a private not-for-profit association of approximately 600 member companies located throughout the six-state region. SBANE was established to provide a legislative voice for small business at the state and federal levels and to make practical information available to help business owners grow their companies. SBANE runs diverse, educational programs each year and has active chapters in Massachusetts and Rhode Island. The membership is characterized by a high degree of participation, reflected in a large and dynamic committee structure, addressing a range of topics from international trade to human resources. Visit SBANE at www.sbane.org.