Paneltech International Holdings Inc. Stock Analysis PNLT

Paneltech International Holdings, Inc. engages in the design and manufacture of solid surfaces, wood panel overlays, and saturated media solutions. The company is headquartered in Hoquiam, Washington and currently employs 40 full-time employees. The Company’s products include Fortrex and Overlays. Medium Density Overlays (MDO) which includes PetroFree phenolic glue resin for application directly to hardwood or softwood plywood in a hot press. The company is developed for sign painting and concrete formwork industries; MDO is also used for other applications as a paintable surface. Fortrex has processed aramid and high performance glass fabrics such as DuPont Kevlar and AGY S-2 Glass in support of various MRAP vehicles, HMMWV and Stryker upgrades, and other DoD programs. Fortrex is also expert in processing Owens Corning ShieldStrand Reinforcement S-, R-, and E-glass fabrics, industrial overlay papers and more. Fortrex’s treater lines provide the throughput to rapidly and cost-effectively tackle the largest defense and homeland security projects.