- Arvada firm recognized for innovative work in contract manufacturing
Faustson, a worldwide leader in the machining industry, emerged as the winner in the inaugural Colorado Manufacturing Awards’ contract manufacturing category. CompanyWeek noted that this, of the 10 categories the awards took nominations for, was the most difficult to judge.
“If food and beverage has become Colorado’s national manufacturing calling card, its Contract Manufacturing sector, today boasting world-class advanced fabricators in technology sectors like aerospace and bioscience, may be its future,” wrote CompanyWeek Founder Bart Taylor. “Metal 3D printing innovator Faustson Tool and its blue chip roster of clientele emerged in a close vote.”
The awards, organized and presented by CompanyWeek and Manufacturer’s Edge with CACI, the Colorado Chamber of Commerce, named 10 winners at an event last week from three nominees in each of 10 categories. The theme for this year was “Competitiveness,” with a goal to recognize market-leading, uber-competitive companies building a sustainable competitive edge. Companies transforming industries with products, process, vision, leadership, workforce, strategy, or anything that gives them an edge.
Nominees were evaluated on criteria that included business performance, product or process excellence, innovation, employee involvement, and culture. Other category winners included Modular Electronics in Aerospace & Electronics; Voormi in Lifestyle & Consumer; Mountainside Medical in Bioscience & Medical; Fresca Foods in Food & Beverage; Ska Brewing in Beer & Brewing; Colorado Malting Company in Supply Chain; Vestas in Energy & Environment; Faustson client Woodward in Industrial; and RK in Build Environment.
“It was an honor just to be nominated in such an aggressive and competitive category, but a complete shock, and one we were humbled by, to win,” said Faustson Vice President Heidi Hostetter. “We have always had the mantra that we need to be the ‘Ritz’ of our industry and we will continue to carry that mantra out. This award is validation that we’re doing what our manufacturing partners expect. To be a contract manufacturer in this day in age means you must really engage with different industries and customers and be able to pivot and adapt quickly. We hear you Colorado, and we will continue to service you to the absolute best of our abilities.”
About Faustson Tool
Faustson Tool, a worldwide leader in the machining industry, provides services for clients worldwide in the medical, aerospace, aeronautics, defense, semiconductor and other industries. The company, founded in 1982, provides additive manufacturing/3D metal printing, 3-, 4- and 5-axis milling and 5-axis EDM services, as well as turning capabilities for cutting-edge custom part production, and efficient production of standard parts. Faustson Tool is woman owned and operated small business.