Tripar

What Tripar does

Tripar is a third-generation, family-owned sheet metal fabrication company headquartered in Montreal, Canada, founded in 1949. It operates a 67,500+ square foot facility equipped with 100+ mechanical and hydraulic presses, 1,600+ dies, and complementary laser cutting, punching, and press brake cells, supported by an in-house toolroom that owns and maintains its full die library. Core capabilities span metal stamping, deep-draw stamping, precision laser cutting, and sub-assembly, serving OEM customers across more than twelve industries including recessed lighting, HVAC/R, electric vehicles, warehousing, consumer goods, aerospace, and automotive. Tripar is described as the largest supplier of recessed lighting components in North America, with a portfolio of 9 US patents covering proprietary products such as the Ultra Airtight Shutter and Commercial L-Bar assemblies.

The company runs a direct, sales-led B2B model targeting OEM accounts, with revenue generated through long-term supply agreements rather than disclosed list pricing. Tripar serves 350+ OEM clients, with reported customer tenures of 10 to 45 years, and produces approximately 25 million units annually as of 2023, up from 20 million in 2020. Go-to-market is anchored by a dedicated sales team, design-for-manufacturability support, and a proprietary AAA die service that reduces re-tooling friction for incumbents.

Revenue mechanics are not publicly disclosed. The business has sustained a continuous capital reinvestment program since 2021, adding an AIDA 220-ton press (2021), three Trumpf Trupunch 1000 machines (2022), an Amada HG 1003 press brake (2023), and a Trumpf TruLaser (2024), alongside vertical expansion into EV, solar, and renewable energy and a supply partnership with HVAC/R manufacturer Aria Vent. Third-generation leadership was reinforced in 2023 when Lauren Sevack was promoted from Chief Administrative Officer to Vice President.

Name

Tripar

Legal name

Tripar Inc.

Website

https://triparinc.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

51–100 employees

Short description

Tripar is a third-generation, family-owned Montreal-based sheet metal fabricator serving 350+ OEM clients across lighting, HVAC/R, EV, and industrial markets with stamping, deep-draw, laser cutting, and assembly capabilities, and is the largest supplier of recessed lighting components in North America.

Ownership category

akta.pro rank

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Metal Stamping (Production Parts): One-time or recurring production orders of stamped metal parts (progressive die, deep draw, blanking, punching, bending) for OEMs. Revenue is generated per-unit with volume-based pricing. Cost savings of 30-80% per part vs CNC processes when volumes justify tooling investment.
2. CNC Fabrication: CNC sheet metal fabrication services including laser cutting, punching, bending, forming, spot welding, shearing, riveting, clinch joining, and assembly. Targeted at low-to-medium volumes with fastest lead times.
3. Turnkey Solutions (Design-to-Delivery): Full turnkey services encompassing DFM, CAD modelling, prototyping, die design & build, fabrication, QA/QC, painting, assembly, packaging, and shipping — providing complete solutions from design through final delivery.
4. Standard Catalog Products: Sale of standard lighting components (IC boxes, plaster frames, bar hangers, junction boxes, driver boxes, etc.) from inventory. Supports volumes from 100 to millions of units.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Tripar is a sheet metal fabrication company that provides CNC fabrication, metal stamping (progressive die, deep draw, blanking, punching, and bending), and engineering services for OEM partners across lighting, HVAC/R, consumer goods, aerospace, and electric vehicle industries. The company also manufactures standard recessed lighting components including IC boxes, plaster frames, and bar hangers, and operates a three-step vertically integrated process covering raw material sourcing, manufacturing/assembly, and packaging with worldwide delivery.

Product overview

Tripar offers a comprehensive sheet metal fabrication portfolio combining metal stamping (progressive die stamping, draw/deep draw) and CNC fabrication (laser cutting, punching, bending) services. Their product catalog centers on recessed lighting components including IC boxes (Chicago Plenum, Ultra Airtight), plaster frames, bar hangers, junction/driver boxes, and complete UL1598 assemblies. Supporting products include gimbals, eyeballs, baffles, reflectors, trim holders, springs, sockets, and housings. Engineering services provide Design for Manufacturability (DFM), CAD modelling, prototyping, and die design to optimize production across automotive, HVAC/R, lighting, EV, aerospace, consumer goods, and warehousing industries.

Differentiator

Problem solved

Functional benefit

Brands

• L-Bar™ Hanger: Commercial L-Bar Hanger product line - a unique and ingenious solution to suspend fixtures in architectural plenum, consisting of 2 identical nesting parts.
• Shutter™

Products and services

• Sheet Metal Fabrication Services

Quantifiable outcome

• 30-80% unit cost reduction when migrating from CNC to metal stamping at high volumes
• +6 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Aria VentminorStrategic or Co-development PartnerTwo Canadian companies Aria Vent and Tripar Inc. formed a collaborative relationship. Covered in Canadian Manufacturing as a collaborative manufacturing partnership story.

Scale indicators9 records

Recent moves18 records

Expansion highlights6 records

Direct peers

• Mayville Engineering Company (MEC): MEC is a US-based contract metal stamping and fabrication company serving industrial, commercial, and consumer end markets. Highly comparable to Tripar in service mix (metal stamping + fabrication) and customer-relationship-based B2B model, though larger and publicly listed.
• Kenmode Tool & Engineering: Kenmode is a private, family-influenced precision metal stamper and tool builder serving OEMs in industrial, medical, and consumer markets. Closely comparable to Tripar in offering progressive die stamping, deep draw, and in-house toolroom capabilities.
• Fischer Industries: Fischer Industries is a US-based metal stamping and fabricated metal products manufacturer serving industrial OEM customers. Comparable mid-market size, similar stamping/fabrication mix, and similar private/closely-held ownership profile to Tripar.
• Tempco Manufacturing: Tempco is a Midwest US-based metal stamping and fabrication company offering progressive die stamping and CNC services to OEM customers across multiple industrial verticals. Directly comparable service mix and customer base to Tripar.
• RCO Engineering: RCO Engineering is a Canadian (Ontario-based) tool and die maker with metal stamping and fabrication capabilities serving industrial OEM customers. Comparable in-house toolroom focus and Canadian manufacturing footprint to Tripar.

Broad incumbents

• Shape Corp: Shape Corp is a much larger US metal stamping and roll-forming company serving Tier 1 automotive OEMs. Overlaps with Tripar on stamping capabilities but operates at significantly greater scale and is concentrated in automotive, which Tripar only serves in non-critical components.
• Martinrea International: Martinrea is a large publicly-traded Canadian automotive metal forming and stamping supplier. Geographic and capability overlap with Tripar (both Canadian metal stampers), but Martinrea is far larger and focused exclusively on automotive OEM contracts.
• Shiloh Industries: Shiloh is a large US metal stamping and engineered components supplier to automotive and industrial OEMs. Comparable in stamping and lightweighting capabilities but operates at much greater scale than Tripar and is more automotive-heavy.
• Worthington Enterprises: Worthington Enterprises (formerly Worthington Industries) is a large publicly-traded metal processing and fabricated metal products company. Far larger than Tripar and broad-based across pressure cylinders, steel processing, and consumer products, but overlaps on sheet metal manufacturing capability.

Others

• Nora Lighting: Nora Lighting is a US lighting fixture OEM that Tripar supplies recessed lighting components to. Included as an ecosystem/buyer-side peer rather than a competitor; useful for understanding Tripar's downstream customer context.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/TriparInc
• LinkedInlinkedin.com/company/tripar-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Tripar