Ontario, Calif.-based FiberTech Polymers LLC has rearranged its ownership structure, secured more funding and emerged from a two-month stint in Chapter 11 bankruptcy as a stronger business, company officials said.
FiberTech was the first to market with wood-plastic composite fence and landscape edging profiles, trademarked TimberWolf, about a decade ago.
The firm was among the exhibitors at Fencetech, the Glen Ellyn.-based American Fence Association's annual trade show, held Jan. 13-16 in New Orleans.
The company has lost no customers and now has access to investment capital for growth over the next five years, said Jamie Chilcoff, FiberTech's president and chief executive officer, in an interview at Fencetech.
In addition to its usual product offerings, the firm introduced an all-white wood-composite fence product, designed to be indistinguishable from white-painted wood.
FiberTech officials say the company digs deeper into the waste stream for the recycled content used in its products, and it is the material itself that allows for the white boards.
The all-white composite is the first of its kind, and is designed to compete with white vinyl, which remains a popular choice among consumers.
``The white composite is a significant advancement,'' Chilcoff said. ``It puts us in a leadership position in the marketplace.''
The company entered into a distribution agreement with fence dealer Master Halco about a year ago. FiberTech also sells its landscape edging profiles in both Lowe's and Home Depot retail stores.