Parallel Industries (OTCMKTS:EAPH) is a diversified manufacturing and engineering firm specializing in precision tooling, custom molded components, and advanced prototyping services. The company offers end-to-end solutions that encompass product design, mold fabrication, process validation, and post-production support. Parallel Industries leverages a combination of injection molding, compression molding, extrusion, and assembly technologies to deliver complex parts for high-demand applications.
Serving a broad range of end markets—including automotive, aerospace, medical devices, and consumer electronics—Parallel Industries tailors its manufacturing processes to meet stringent quality and regulatory standards. Its facilities are equipped with state-of-the-art machinery and quality control systems, enabling tight tolerances and repeatable performance for both low-volume prototypes and high-volume production runs. Through its global supply chain network, the company sources raw materials from certified vendors and maintains lean inventory management to optimize lead times and cost efficiency.
Founded in 2001 and headquartered in Austin, Texas, Parallel Industries has grown through organic expansion and targeted acquisitions. Early investments in computerized numerical control (CNC) machining and rapid prototyping positioned the firm as a strategic partner for engineers developing next-generation products. In recent years, the company expanded its footprint into Mexico and Eastern Europe to support onshore/offshore manufacturing flexibility and to better serve multinational corporations seeking regional production hubs.
Under the leadership of President and Chief Executive Officer Jeffrey Thompson, Parallel Industries emphasizes innovation, operational excellence, and continuous improvement. The executive team includes Chief Financial Officer Lisa Kim, who oversees treasury and investor relations activities, and Vice President of Engineering Dr. Michael Reyes, who leads research and development efforts. Together, they guide a workforce of skilled technicians, engineers, and quality specialists committed to delivering customized solutions and maintaining a reputation for reliability in complex manufacturing environments.
AI Generated. May Contain Errors.
