TRICOR Systems Inc.

What TRICOR Systems Inc. does

TRICOR Systems, Inc. is a privately-held electronic contract manufacturer and proprietary instrumentation developer founded in 1976 and headquartered at 1650 Todd Farm Drive, Elgin, Illinois. Operating with 11-50 employees, the company delivers contract manufacturing services, design engineering, and proprietary hardware products to medical, aerospace, military, and industrial customers. TRICOR maintains FDA registration (21 CFR Part 820), ITAR registration, ISO 9001:2015 quality management certification, AS9100D aerospace certification, and ISO 13485:2016 medical device certification, positioning it as an approved supplier for highly regulated end markets.

The company's product portfolio combines proprietary catalog instruments with contract manufacturing services. Proprietary products include the Dri-Scope Aid medical device line for infection prevention in sterile processing, Model 225 and Model 530 Chocolate Temper Meters for confectionery manufacturing, Model 925 Force Distance Tester and Model 933/933A Life Cycle and Fatigue Testers for switch testing, and Model 807 DOI/Haze Meter for surface appearance measurement. Manufacturing capabilities span surface-mount technology (SMT) assembly, circuit card production, cable and harness manufacturing, and complete box-build of electro-optical and mechanical devices. Engineering services integrate electronics, mechanics, and optics for both custom and standard product development, supported by in-house software design and image processing capabilities. Boeing is identified as a named prime customer; TRICOR has held the Boeing Performance Excellence Award for seven consecutive years and received two Supplier of the Year nominations.

TRICOR's revenue model combines professional services fees from contract manufacturing and design engineering engagements with hardware sales of proprietary instruments. The company pursues direct B2B enterprise sales with quotation-based pricing, supported by industry trade show presence at APIC, SGNA, HSPA, PMCA, MJBizCon, and MD&M conferences. The company is privately held with no disclosed funding rounds, revenue figures, or institutional investors. Operations are concentrated in a single Elgin, Illinois facility with no disclosed geographic expansion beyond the United States.

Name

TRICOR Systems Inc.

Legal name

TRICOR Systems, Inc.

Website

https://tricor-systems.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Short description

TRICOR Systems Inc. is a privately-held electronic contract manufacturer and proprietary instrumentation developer founded in 1976, serving medical, aerospace, military, and industrial markets from Elgin, Illinois with FDA- and ITAR-certified production capabilities.

Ownership category

akta.pro rank

Product category

Electronic Contract Manufacturing

NAICS

Electrical Equipment Manufacturing (3353), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Electrical Contracting & Wiring (IMAFALAA)

Keywords

• Electronic contract manufacturing
• Medical device manufacturing
• Aerospace electronics assembly
• Contract engineering services
• FDA registered manufacturing

Headquarters

HQ city

Elgin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Electronic Contract Manufacturing Services: Provides full-service electronic contract manufacturing including PCB assembly, cable manufacturing, and complete box-build services for medical, aerospace, military and industrial customers. Revenue generated through manufacturing service fees for custom and stock instrumentation products.
2. Proprietary Product Sales: Sale of proprietary products including Dri-Scope Aid medical devices, Chocolate Temper Meters, Switch Test Equipment, and DOI/Haze Meters. Products sold both as standard catalog items and custom configurations.
3. Electronic Contract Engineering: Design engineering services for electronic systems, circuit cards, and electro-optical/mechanical device development. Includes software design and development services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

TRICOR Systems Inc. provides electronic contract manufacturing services, including PCB assembly, box build, and full system integration for medical, aerospace, military, and industrial OEMs. The company also offers medical device contract manufacturing under FDA-registered, ISO 13485:2016 quality systems, electronic contract engineering, software design and development, and a small portfolio of proprietary test and measurement instruments.

Product overview

TRICOR Systems, Inc. is an electronic contract manufacturer and product developer offering a portfolio of proprietary hardware products alongside manufacturing services. Their product portfolio includes the Dri-Scope Aid medical device line, automated switch test equipment (925 Force Distance Tester and 933A Life Cycle & Fatigue Tester), chocolate temper meters (Model 225 and 530), and DOI/Haze meters (Model 807). Services include Electronic Manufacturing Services, Medical Device Manufacturing, Electronic Contract Engineering, and Software Design and Development. The company operates as a unified offering where proprietary products and contract manufacturing services complement each other, serving medical, aerospace, military, and industrial markets.

Differentiator

Problem solved

Functional benefit

Brands

• Dri-Scope Aid: Product line for medical device applications

Products and services

• Electronic Contract Manufacturing

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• BoeingcoreOthersLong-standing supplier relationship with Boeing as an approved vendor. TRICOR achieved the Boeing Performance Excellence Award for seven consecutive years and was nominated for Supplier of the Year twice. Provides electronic manufacturing services for Boeing aerospace programs.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Kimball Electronics: Public EMS provider focused on medical, aerospace, and industrial markets with a similar low-volume, high-mix business model. Kimball is a direct comparable in terms of customer verticals, regulatory certifications, and engineered-solutions orientation, though at materially larger scale.
• Benchmark Electronics: Mid-size EMS company serving aerospace, defense, and medical customers with complex, regulated build requirements. Benchmark's mix of high-reliability manufacturing and engineering services mirrors TRICOR's core contract manufacturing and design engineering offering.
• IEC Electronics: Smaller public EMS provider specializing in aerospace, defense, and medical contract manufacturing with full lifecycle engineering support. Closest size-and-vertical comparable to TRICOR among publicly traded peers.
• Creation Technologies: Mid-market EMS company serving medical, aerospace/defense, and industrial markets with vertically integrated engineering and manufacturing. Operates a similar low-to-mid volume, high-mix model targeting regulated end markets.
• Ducommun Incorporated: Aerospace and defense electronics manufacturer with strong Boeing heritage, similar to TRICOR's aerospace relationship profile. Comparable in serving Tier-1 primes with electronic assemblies and engineered subsystems.
• Integer Holdings: Leading medical device contract manufacturer offering design, manufacturing, and regulatory support for medical OEMs. Directly comparable in medical contract manufacturing capability and regulatory certification footprint.

Broad incumbents

• Flex Ltd. Global Tier-1 EMS with a major medical and aerospace contract manufacturing business. Operates at vastly larger scale than TRICOR but competes for the same OEM outsourcing wallet and represents the natural competitive ceiling for small specialty EMS players.
• Jabil Inc. Global Tier-1 EMS with deep medical and aerospace verticals. Represents the largest competitor for outsourced electronic manufacturing work in TRICOR's served end markets.
• Mercury Systems: Specialized aerospace and defense electronics provider with mission-critical processing and RF subsystems. Competitor for defense electronics manufacturing programs where ITAR and AS9100 certifications are table stakes.

Emerging players

• National Technical Systems (NTS): Independent testing and certification provider with overlap in aerospace/defense qualification testing. Adjacent peer given TRICOR's switch tester and instrument business touches similar QA and qualification workflows.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/tricorsystems
• Facebookfacebook.com/160027140716950
• LinkedInlinkedin.com/company/tricor-systems-inc.

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TRICOR Systems Inc.