A rising profile

PUTTING IT TOGETHER: Lydia Teixeira and Ray Quinlan are co-owners of three growing sister companies: Hi-Tech Profiles Inc., Hi-Tech Machine and Fabrications and HTP Meds. Pictured above, from left, are: Hi-Tech Profiles General Manager Kevin Prue, machinist Mike Williams, Teixeira and Quinlan. / PBN PHOTO/MICHAEL SALERNO
PUTTING IT TOGETHER: Lydia Teixeira and Ray Quinlan are co-owners of three growing sister companies: Hi-Tech Profiles Inc., Hi-Tech Machine and Fabrications and HTP Meds. Pictured above, from left, are: Hi-Tech Profiles General Manager Kevin Prue, machinist Mike Williams, Teixeira and Quinlan. / PBN PHOTO/MICHAEL SALERNO

Hi-Tech Profiles Inc., Hi-Tech Machine and Fabrications and HTP Meds are sister companies with a common success story, marked by clean manufacturing and steady growth.

Sharing common ownership through partners Ray J. Quinlan and Lydia Teixeira, the companies are located in Hopkinton Industrial Park, which also has a few other tenants and which the two own.

Quinlan says the companies, combined, are positioned to do $35 million worth of business in 2015, a rate of growth of about 25 percent. That’s in manufacturing – a sector that has gotten what Quinlan calls an undeserved bad rap.

“I just couldn’t believe where we’ve come from and it just seems unbelievable where we’re headed,” he said. “We’ve done this in the worst economic times ever.”

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Founded in 1988, Hi-Tech Profiles is the oldest of the three firms, and specializes in the extrusion of tubing, hollow rod, bushing stock and custom shapes.

At 11 years old, Hi-Tech Machine and Fabrications, formerly known as Hi-Tech Molds LLC, has diversified its plastics packaging production as demand changed and now includes cooling tanks, conveyors and customer machinery for a variety of industries.

Founded in 2007, the eight-year-old HTP Meds makes medical tubing for devices and applications, such as ports, catheters and delivery systems inside the body.

Quinlan, the founder of Hi-Tech Profiles, and Teixeira were colleagues at Davis Standard, which makes extrusion equipment, in Pawcatuck, Conn., when they joined a spinoff, Extrusion Technical Services – Quinlan doing electrical work and Teixeira hired for office expertise. They left the firm after four years, and with another colleague, Mark Ouellette, launched Hi-Tech Profiles, working out of a garage in Stonington, Conn., Quinlan said.

With an eye to owning his own buildings, Quinlan built his first company home on Extrusion Drive in Pawcatuck in 1995. He added an addition in 1997, then built a 150,000-square-foot building in 1999 on South Broad Street. In 2004, he added the fabrication company and in 2007 added the medical company.

By the time he was ready to expand to 250,000 square feet in 2009, he did so at the site he’s in today at 15 Gray Lane. The industrial park he owns houses all three firms and five other tenants, and space is “maxed out” there, he said.

More growth is likely, he said, including plans to develop a presence in Costa Rica for some of HTP Meds’ business – while remaining headquartered in Rhode Island.

Despite the stigma often associated with manufacturing, Quinlan said his manufacturing plants are clean and his teams of employees at all three facilities make the firms productive and good places to work.

The owners recently invested in $1 million worth of capital equipment that they called cutting edge and is retraining its workers.

“We have just an unbelievable team that we’ve built,” he said. “That’s what you’ve got to do: you’ve got to spend the money.” •

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