A new company, DAF Greenwood LLC, recently opened a New Jersey facility and is gearing up to offer a structural fiber resin that can be used instead of wood or metal.
For the first time we will be able to take almost any resin and, with natural fiber, be able to manufacture it as structural fiber resin, President Jose Arango said by phone.
The Avenel, N.J.-based company formed in October and is in the process of getting its 60,000-square-foot facility up and running by mid-February, he said.
The company employs 10, and expects to have as many as 75 in two years.
The idea started about seven years ago with a process developed by Brazilian-German inventor Carlos Flister, Arango said, adding that prototypes have been tested in Argentina and Brazil.
The firm is starting with an investment of $10 million. Investors include Arango; Michael and Greg DeSaye; Robert O'Neil; and Robert Agresti. Michael DeSaye is CEO, while Greg DeSaye serves as chairman.
The process combines fiber with resin to produce a high-resistance material that Arango said can be made in thicknesses ranging from one-eighth inch to 1.25 inches. The material can measure up to 52 inches width and 30 feet long.
Target markets include trailer and delivery-truck flooring, solar power frames and insulation.
Arango said the material is smooth and easy to clean. It can be made from fiber such as soybean pellets, and combined with recycled plastics.