Thermwood Corporation

HardwareDale, Indiana, USAFounded 1969

Pioneer in CNC routers and Large Scale Additive Manufacturing (LSAM) systems for thermoplastic composite molds, tooling, and large-format parts.

CEO / Founder
Ken Susnjara
Team Size
100-200
Stage
Established market leader in LFAM since 2016; Profitable private company
Total Funding
N/A (Private company, bootstrapped since 1969)
Latest Round
N/A - Profitable private company
Key Investors
N/A - Self-funded/bootstrapped

Technology & Products

Key Products

LSAM (Large Scale Additive Manufacturing) systems, LSAM 1020, LSAM 510, LSAM Additive Printers, CNC routers for wood/plastics/aerospace, Model 77 Super Control System

Technological Advantage

Two-step near-net-shape production process: prints large thermoplastic composite parts then trims to final spec on same machine; Proprietary AMD technology; 55+ years of CNC expertise; Machines used by NASA for Mars Lander and Boeing 777X tooling.

Market & Competition

Target Customers

Aerospace manufacturers, marine/boat builders, automotive tooling companies, composites manufacturers, defense contractors

Industry Verticals

Aerospace, Marine, Automotive, Defense, Furniture, Composites Manufacturing

Competitors

Ingersoll Machine Tools, Cincinnati Inc (BAAM), CEAD