Mide Technology Corporation

Mide Technology Corporation Overview

Headquarters: Medford, US

Workforce: NA

Founded: 1989

Company Working: Mide Technology Corporation (Mide) develops, produces, and markets high-performance products used in the military, automotive, and manufacturing industries. The company also provides engineering consulting, custom and contract R&D services. It has strong R&D capabilities to develop highly advanced material for various industrial applications; it also enables the company to generate models rapidly and effectively, perform analysis, fabricate prototypes, and offer testing of prototypes. Mide has high experience in designing and fabricating prototypes, modeling and simulation, and manufacturing products. It offers a wide range of smart textiles and piezo products. It also has a customized product range, specifically for the military domain.

Strategy

Mide has designed and developed advanced textile materials for various industries. The company focuses on the development of advanced materials and simultaneously expanding its business in Europe and Asia-Pacific, as in these regions, the countries such as China, India, and the UK are spending more on the modification of its defense systems and equipment.

Company Snapshot

1989

Founded

SWOT Analysis

Strengths

Wide range of products
Strong R&D

Weaknesses

Lack of geographical diversification
Concentrated operations in the US

Opportunities

Favorable government norms
Expansion in the merging markets

Threats

Rapid technological changes
Intense competition

Product Offering

Mide Technology Corporation
- Smart Materials

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