What FinPan does

FinPan, Inc. is a privately-held, US-based specialty building products manufacturer founded in 1975 and headquartered at a single manufacturing site in Hamilton, Ohio. The company designs and produces lightweight, tileable installation products — most notably concrete backer board (for which it claims to be the inventor of the manufacturing process and the world's oldest process manufacturer), structural composite panels (TI-ProBoard) for exterior deck and balcony tiling, preformed shower systems (ProPan, ClearPath curbless, ProLinear) made from high-density polystyrene with liquid-applied waterproofing, and ProPanel XPS lightweight waterproof backerboard. The catalog also includes supporting accessories: waterproofing membranes (WaterArmor, Strataflex, WaterTite), sealants (Silco/Eco Flex), drains, edging, screws, niches, preformed slopes, curbs, and seats. Sister company T Clear occupies the same facility and cross-sells ThermaDRY insulating drainage panels through the FinPan storefront.

FinPan serves three primary customer segments: commercial contractors (tileable underlayment for showers, waterproofing, and exterior deck applications), home remodeling companies (shower remodel, bathroom renovation, deck projects), and DIY consumers (self-install kits). Products carry third-party certifications relevant to specifying architects and code officials — IAPMO/UPC listings, ANSI A118.10, ASTM D4551, TCNA Handbook recognition (SRSB), and Buy America compliance.

Revenue is generated almost entirely through one-time product sales via two channels: (1) an authorized distributor network that stocks and resells to trade buyers (primary channel), and (2) a BigCommerce-powered direct e-commerce storefront at store.finpan.com for end-customer and custom-order purchases. Pricing is per-unit with visible MSRP ranging from roughly $17 (adhesive/sealant) to ~$3,000 (high-end ClearPath shower kits), with bulk discounts on selected accessories. Lead times are 2–3 business days for in-stock items and approximately 10 business days for custom configurations. The company has no disclosed external funding, no parent entity, no M&A activity, and no public revenue disclosure.

Name

FinPan

Legal name

FinPan, Inc.

Website

https://finpan.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

51–100 employees

Short description

FinPan, Inc., founded in 1975 in Hamilton, Ohio, manufactures lightweight tileable installation products — concrete backer board, structural composite deck panels, preformed shower pans, waterproofing membranes, and accessories — selling through authorized distributors and a direct e-commerce storefront to commercial contractors, home remodelers, and DIY consumers.

Ownership category

akta.pro rank

Product category

Building Materials

NAICS

Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing (32611)

SIC

Concrete Products, Except Block & Brick (3272), Plastics Products, Nec (3089)

akta.pro primary industry

Structural Insulated Panels (SIP) & Foam-Core Composite Panel Manufacturing (IMANAIAK)

akta.pro secondary industries

Backer Rods, Tapes & Joint Accessories (IMADAOAL), Tile Setting Materials (Mortars, Mastics & Grouts) (IMADAOAG)

Keywords

• Concrete backer board
• Shower installation systems
• Tile underlayment products
• Waterproofing membranes
• Structural deck panels

Headquarters

HQ city

Hamilton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Product Sales via Distribution: Primary revenue stream through a network of authorized distributors. Distributors purchase FinPan products wholesale and resell to contractors, remodelers, and consumers. The company primarily sells through this distributor network and also offers direct e-commerce sales.
2. E-commerce Direct Sales: FinPan operates a BigCommerce-powered online store (store.finpan.com) for direct product sales to customers. Offers TI-ProBoard, shower systems, waterproofing products, and accessories with pricing visible on the website.
3. Custom Product Orders: Custom product orders for specialized applications such as custom-sized ProPan shower pans with custom drain locations. Lead time approximately two weeks from artwork approval.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

FinPan manufactures and sells pre-fabricated, tileable underlayment and installation products for the construction industry, including concrete backer boards, foam shower pans and shower systems (curbless and preformed), structural composite panels for exterior deck tiling (TI-ProBoard), and waterproofing membranes and accessories. The company sells its products primarily through a network of authorized distributors serving commercial contractors and home remodeling companies, supplemented by direct e-commerce sales.

Product overview

FinPan offers a comprehensive portfolio of tileable installation products for commercial contractors, home remodeling companies, and DIY customers. The company pioneered concrete backer board manufacturing and is the world's oldest process manufacturer in this category. The product portfolio is organized around several core systems: (1) Shower Systems including ClearPath curbless showers, ProPan shower pans and kits, ProLinear linear drain showers, and PreFormed showers; (2) Backerboard Products including ProTEC and Util-A-Crete concrete backerboards, and ProPanel XPS lightweight waterproof backerboard; (3) TI-ProBoard structural ribbed self-supporting board for exterior deck and balcony tile installations; (4) Waterproofing Products including WaterArmor liquid and sheet membranes, Strataflex membrane, WaterTite PVC pan liners; and (5) accessories including PreFormed niches, seats, curbs, TI-ProBoard screws and edging, primers, and sealants. The company sells directly through distributors and offers custom product options for specialized installations.

Differentiator

Problem solved

Functional benefit

Brands

• TI-ProBoard: Structural Ribbed Self-Supporting Board for exterior deck porcelain tile installations. Composite panel unaffected by expansion, contraction or exterior weather conditions, acts as structural replacement for plywood substrate.
• ProPan
• ClearPath
• ProPanel
• PreFormed

Products and services

• ProTEC Concrete Backerboard Concrete backerboard product designed for tile installations in wet areas, serving commercial contractors, remodelers, and DIY consumers.
• Util-A-Crete Concrete Backerboard

Quantifiable outcome

• TI-ProBoard handles 800 PSI in strength testing
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• T ClearminorOthersT Clear is a sister company of FinPan, Inc. Both companies operate under the same corporate entity at 3255 Symmes Road, Hamilton, OH 45015. T Clear products are sold alongside FinPan products on the FinPan e-commerce store, including ThermaDRY Insulating Drainage Panels.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• James Hardie: James Hardie's HardieBacker fiber cement backerboard is the dominant branded alternative to FinPan's ProTEC/Util-A-Crete concrete backerboards in residential and commercial tile underlayment applications.
• GoBoard (Johns Manville / Berkshire Hathaway): GoBoard is a lightweight, waterproof tile backerboard used in showers and wet areas, directly comparable to FinPan's ProPanel XPS. It is distributed through the same home improvement and tile specialty channels.
• LATICRETE: LATICRETE is a leading manufacturer of tile setting materials, waterproofing membranes (Hydro Ban), and shower systems. It is a direct peer in waterproofing, backerboard-adjacent categories, and integrated shower/waterproofing solutions.
• Custom Building Products: Custom Building Products (including RedGard waterproofing and WonderBoard backerboard) competes directly with FinPan's ProTEC/Util-A-Crete backerboards and WaterArmor liquid waterproofing in the same contractor and DIY channels.
• Wedi: Wedi manufactures XPS foam-based shower systems, building panels, and preformed niches/seats. Its product range directly overlaps FinPan's ProPanel XPS backerboard, ProPan shower pans, and PreFormed niches, seats, and curbs.
• Schluter Systems: Schluter is the category leader in tile underlayment, waterproofing membranes (Kerdi), and foam shower systems (Kerdi-Shower). It is the closest direct competitor to FinPan's shower, waterproofing, and preformed shower pan/curb product lines.

Broad incumbents

• National Gypsum: National Gypsum's Gold Bond eXP Tile Backer is a competitive gypsum-based tile underlayment. The company is a broad incumbent offering wall and ceiling systems alongside backerboard products sold through similar two-step distribution.
• Georgia-Pacific: Georgia-Pacific's DensShield fiberglass-mat gypsum backerboard is a direct backerboard alternative to FinPan's concrete and XPS products. As a broad building products incumbent, GP competes in the same distributor channels with deeper resources.
• USG (United States Gypsum): USG (now part of Knauf) is a broad incumbent in gypsum and tile underlayment, with Durock cement board as a mainstream backerboard competitor. It also offers a much wider portfolio of building products, giving it scale and distribution advantages over FinPan.

Others

• T Clear Corporation: T Clear is FinPan's sister company, sharing the same Hamilton, Ohio headquarters and selling complementary products (e.g., ThermaDRY insulating drainage panels) on FinPan's e-commerce site. Useful as a closely related reference point for FinPan's corporate and distribution footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FinPanInc
• Facebookfacebook.com/FinPanUSA
• LinkedInlinkedin.com/company/fin-pan-inc.

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

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 FinPan