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Tiderock Companies Provides Company Update on Tiderock Composites

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Tiderock Companies (OTC PINK:TDRK) has announced that its recently acquired UK subsidiary GRP Alliance has been renamed to Tiderock Composites . In its first 30 days of operation, the company has secured over £200,000 in purchase orders and established commitments exceeding £1,000,000 for the 2025 fiscal year.

The company, which specializes in Phenolic, Epoxy, and Polyester Glass Fiber and Carbon Fiber reinforced plastic moldings, is planning to expand its workforce in Q1, with a focus on rehiring previously furloughed employees. Tiderock Composites serves various sectors including aerospace, automotive, marine, rail, and construction.

Tiderock Companies (OTC PINK:TDRK) ha annunciato che la sua recente acquisizione nel Regno Unito, GRP Alliance, è stata rinominata Tiderock Composites. Nei suoi primi 30 giorni di attività, l'azienda ha ottenuto oltre £200.000 in ordini e stabilito impegni superiori a £1.000.000 per l'anno fiscale 2025.

L'azienda, specializzata in stampi in plastica rinforzati con fibra di vetro e fibra di carbonio, utilizzando resine fenoliche, epossidiche e poliestere, prevede di espandere la propria forza lavoro nel primo trimestre, ponendo l'accento sulla riassunzione dei dipendenti precedentemente messi in aspettativa. Tiderock Composites serve vari settori, tra cui aerospaziale, automobilistico, marittimo, ferroviario e costruzioni.

Tiderock Companies (OTC PINK:TDRK) ha anunciado que su subsidiaria recientemente adquirida en el Reino Unido, GRP Alliance, ha sido renombrada como Tiderock Composites. En sus primeros 30 días de operación, la empresa ha asegurado más de £200,000 en pedidos de compra y establecido compromisos que superan £1,000,000 para el año fiscal 2025.

La compañía, que se especializa en moldes de plástico reforzado con fibra de vidrio y fibra de carbono, utilizando resinas fenólicas, epoxi y de poliéster, planea expandir su fuerza laboral en el primer trimestre, enfocándose en recontratar a empleados que previamente fueron suspendidos. Tiderock Composites sirve a varios sectores, incluyendo aeroespacial, automotriz, marítimo, ferroviario y construcción.

Tiderock Companies (OTC PINK:TDRK)는 최근 인수한 영국 자회사 GRP Alliance의 이름을 Tiderock Composites로 변경했다고 발표했습니다. 운영 첫 30일간, 회사는 £200,000 이상의 구매 주문을 확보했으며, 2025 회계연도에 대해 £1,000,000을 초과하는 약정을 설정했습니다.

이 회사는 페놀, 에폭시 및 폴리에스터 유리 섬유와 탄소 섬유로 강화된 플라스틱 몰딩을 전문으로 하며, 첫 분기에 인력을 확대할 계획이며, 이전에 휴직했던 직원을 재고용하는 데 집중할 예정입니다. Tiderock Composites는 항공 우주, 자동차, 해양, 철도 및 건설을 포함한 다양한 산업에 서비스를 제공합니다.

Tiderock Companies (OTC PINK:TDRK) a annoncé que sa filiale récemment acquise au Royaume-Uni, GRP Alliance, a été renommée Tiderock Composites. Au cours de ses 30 premiers jours d'activité, l'entreprise a sécurisé plus de 200 000 £ en commandes d'achat et a établi des engagements dépassant 1 000 000 £ pour l'exercice fiscal 2025.

L'entreprise, spécialisée dans les moulages en plastique renforcé de fibres de verre et de carbone, utilisant des résines phénoliques, époxy et polyester, prévoit d'élargir son personnel au cours du premier trimestre, en se concentrant sur la réembauche des employés précédemment mis en congé. Tiderock Composites sert divers secteurs, notamment l'aérospatial, l'automobile, le marin, le ferroviaire et la construction.

Tiderock Companies (OTC PINK:TDRK) hat bekannt gegeben, dass ihre kürzlich erworbene britische Tochtergesellschaft GRP Alliance in Tiderock Composites umbenannt wurde. In den ersten 30 Tagen des Betriebs sicherte sich das Unternehmen über £200.000 an Bestellungen und stellte Verpflichtungen von über £1.000.000 für das Geschäftsjahr 2025 auf.

Das Unternehmen, das auf Phenol-, Epoxid- und Polyester-Glasfaser sowie carbonfaserverstärkte Kunststoffformteile spezialisiert ist, plant, seine Belegschaft im ersten Quartal zu erweitern und dabei den Schwerpunkt auf die Wiederbeschäftigung zuvor beurlaubter Mitarbeiter zu legen. Tiderock Composites bedient verschiedene Sektoren, darunter Luft- und Raumfahrt, Automobil, Marine, Schienenverkehr und Bauwirtschaft.

Positive
  • Secured over £200,000 in immediate purchase orders
  • Established commitments of over £1,000,000 for FY2025
  • Successful rebranding and integration of acquired UK subsidiary
Negative
  • None.

GRP Alliance LTD is now Tiderock Composites LTD

BOSTON, MA / ACCESSWIRE / December 17, 2024 / Tiderock Companies, Inc. ("we", "our", or the "Company"), (OTC PINK:TDRK) is pleased to provide a company update on its recent acquisition of GRP Alliance Limited, a Limited Company formed in the United Kingdom. The first order of business was to leverage the Tiderock brand and change the name of GRP Alliance LTD to Tiderock Composites LTD and commence a customer outreach introducing the new leadership team and company philosophy to the industry and previous customer of MTAG Composites.

Tiderock Composites is proud to announce a remarkable start under the guidance of its dynamic leadership team. In just the first 30 days, the team has laid a solid foundation for sustained growth and success. Demonstrating an unwavering commitment to its "Customers First" philosophy, Tiderock has showcased the unparalleled expertise of its seasoned professionals. By actively listening to customer feedback, understanding their evolving needs, and prioritizing improvements from past experiences, the leadership team has exceeded all initial expectations.

These efforts have already produced tangible results. Tiderock Composites has secured over £200,000 in purchase orders and established commitments for more than £1,000,000 in orders for the 2025 fiscal year-a testament to the market's growing confidence in the company's capabilities and future prospects.

Looking ahead, the leadership team is laser-focused on resource planning for the first quarter of the calendar year. To meet growing production demands, the company is actively assessing staffing and personnel needs. As part of its commitment to both operational excellence and social responsibility, Tiderock Composites will prioritize the rehiring of skilled furloughed employees and those affected by prior redundancies. This approach not only ensures the right talent is in place to meet production demands but also strengthens local communities by providing employment opportunities where they are most needed.

Tiderock Composites remains committed to fostering growth, driving innovation, and delivering exceptional value to customers, employees, and stakeholders alike. With a clear strategy, strong leadership, and an already impressive order book, the company is well-positioned for long-term success. Investors can feel confident that Tiderock's proactive approach and unwavering customer focus will continue to drive sustainable growth and shareholder value in the months and years ahead.

About Tiderock Companies, Inc.: Tiderock Companies is a diversified investment and advisory services company, infrastructure, and private equity. Tiderock Companies, Inc. (OTC Pink:TDRK) is headquartered in Boston, MA., and can be contacted at www.tiderockcompanies.com or by phone at (800) 791-8433.

About Tiderock Composites Limited: Tiderock Composites Limited specializes in the production of high-quality Phenolic, Epoxy, and Polyester Glass Fiber and Carbon Fiber reinforced plastic moldings. With a diverse product portfolio, Tiderock Composites proudly serves a range of industries, including aerospace, automotive, marine, rail, and construction, bringing innovation and excellence to each sector. Tiderock Composites contact information can be found at https://www.tiderockcomposites.com

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

Contact Information

Thomas Fore
Chief Executive Officer
info@tiderockco.com
(800) 791-8433

SOURCE: Tiderock Companies



View the original press release on accesswire.com

FAQ

How much in purchase orders has TDRK's Tiderock Composites secured in its first 30 days?

Tiderock Composites has secured over £200,000 in purchase orders during its first 30 days of operation.

What is the value of TDRK's order commitments for fiscal year 2025?

Tiderock Composites has established commitments for more than £1,000,000 in orders for the 2025 fiscal year.

What industries does Tiderock Composites (TDRK) serve?

Tiderock Composites serves the aerospace, automotive, marine, rail, and construction industries with their composite materials.

What are Tiderock Composites' (TDRK) hiring plans for Q1 2025?

Tiderock Composites plans to expand its workforce in Q1 2025, with a focus on rehiring previously furloughed employees to meet growing production demands.

What products does Tiderock Composites (TDRK) manufacture?

Tiderock Composites manufactures high-quality Phenolic, Epoxy, and Polyester Glass Fiber and Carbon Fiber reinforced plastic moldings.

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