Tecomet, Inc Risk Report

🛡️ Financial & Liquidity

Tecomet has seen significant financial movements in recent years, including a refinancing initiative and acquisitions. These actions suggest both opportunities and challenges in maintaining financial resilience and supporting growth strategies. Refinancing efforts aim to streamline capital structure, a critical move for future financial health.

• Tecomet refinanced its entire capital structure 🗓 July 11, 2023, indicating a strategic move towards financial optimization.
• Tecomet was acquired by a private equity firm 🗓 November 7, 2024, indicating significant investment interest and strategic change in ownership.

👥 Labor & Workforce

Tecomet has faced some workforce-related challenges with recent layoffs. The company made workforce adjustments amidst changing business dynamics, reflecting a need to balance labor costs with production needs.

• A former employee reported recent layoffs 🗓 January 30, 2024, signaling workforce reduction efforts.

🏗️ Operational & Business Continuity

Operational incidents have tested Tecomet's resilience. The incidents highlight the importance of robust safety and operational protocols to minimize disruptions and safeguard assets.

• Fire crews were deployed to a Tecomet manufacturing plant 🗓 September 6, 2021, indicating an operational disruption requiring emergency response.
• Metal worth £12,000 was stolen from the Sheffield manufacturing plant 🗓 February 24, 2025, highlighting security vulnerabilities.

📜 Innovation & R&D

Tecomet has engaged in partnerships to advance additive manufacturing, suggesting proactive investments in technology and product innovation. These collaborations aim to bring cutting-edge solutions to market and sustain competitive advantage.

• Tecomet partnered with EOS, Precision ADM, and OIC to provide an end-to-end solution for medical device additive manufacturing 🗓 June 13, 2023, marking a significant step in innovation.
• A new partnership aims to expedite medical device development with additive manufacturing 🗓 June 14, 2023.

🏅 Awards & Recognition

Tecomet has been recognized for its workplace environment, which reflects positively on its internal culture and employee satisfaction. This acknowledgment supports its reputation as an employer that values mental well-being.

• Tecomet was named a top workplace for mental wellbeing 🗓 May 30, 2024, underscoring its commitment to employee welfare.