Welformed Competitors and Similar CompaniesClear all

Welformed's competitors and similar companies include SAIPA, Grupo Simpa, Novares and EP Manufacturing.

	Welformed Welformed is a company that creates custom-molded fiber-based solutions.	SAIPA SAIPA (Société Anonyme Iranienne de Production Automobile) is an automotive manufacturing company.	Grupo Simpa Grupo Simpa is a company engaged in importing machines, motorcycles and recreational vehicles.	Novares Novares Group (formerly known as Mecaplast Group) is a company that provides plastic solutions.	EP Manufacturing EP Manufacturing Bhd (EPMB) is a provider of automotive parts.
Founding Date	Founding Date N/A	Founding Date 1967	Founding Date 1978	Founding Date 1955	Founding Date 2009
Type	Type Subsidiary	Type Public	Type Private	Type Private	Type Public
Tags	Tags Manufacturing & Industrial auto parts plastic vehicles	Tags Manufacturing & Industrial auto parts vehicles	Tags Manufacturing & Industrial auto parts distribution plastic vehicles	Tags Manufacturing & Industrial auto parts mechanical components plastic vehicles	Tags Manufacturing & Industrial plastic vehicles
Locations	Locations Elkhart, US HQ	Locations Karaj, IR HQ Hassia, SY	Locations Villa Adelina, AR HQ Campana, AR Garín, AR Pilar, AR	Locations Clamart, FR HQ Kangqiao, CN Izernore, FR Löhne, DE Vale Arieira, PT Livonia, US Walworth, US	Locations Shah Alam, MY HQ Alor Gajah, MY Alor Gajah, MY Batang Kali, MY Sungai Petani, MY
Employees	Employees 9	Employees 2,9871% increase	Employees 2423% increase	Employees 2,787	Employees N/A
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) ﷼1703.5t (FY, 2025)	Revenue (est.) N/A	Revenue (est.) €1b (FY, 2021)	Revenue (est.) RM594.7m (FY, 2024)
Cost of goods	Cost of goods N/A	Cost of goods ﷼1766.7t (FY, 2025)	Cost of goods N/A	Cost of goods €962.8m (FY, 2021)	Cost of goods RM510.6m (FY, 2024)
Gross profit	Gross profit N/A	Gross profit (﷼16.5t) (FY, 2025)	Gross profit N/A	Gross profit €48.2m (FY, 2021)	Gross profit RM96.8m (FY, 2024)
Net income	Net income N/A	Net income (﷼406.2t) (FY, 2025)	Net income N/A	Net income (€64.5m) (FY, 2021)	Net income RM17.4m (FY, 2024)