Forward Industries, Inc. (23I0)

Overview

Forward Industries, Inc. is a diversified company that specializes in designing, manufacturing, sourcing, marketing, and distributing carry and protective solutions for a wide range of products. Operating since 1961, the company has carved a niche for itself in the industry by catering to the needs of original equipment manufacturers (OEMs) across the globe. With its headquarters in Hauppauge, New York, Forward Industries maintains a global outreach, with operations spanning the United States, China, Germany, Poland, and beyond. The company's business activities are segmented into OEM Distribution and Design, allowing it to offer both product solutions and technical design services to its varied clientele.

Products and Services

• OEM Distribution:

  This segment focuses on sourcing and distributing carrying cases and other accessories that cater to a diverse array of products. The range includes medical monitoring and diagnostic kits, which are essential for healthcare providers. Moreover, Forward Industries extends its expertise to support the needs of portable electronic and non-electronic products. This includes sporting and recreational equipment, bar code scanners that are vital for retail and inventory management, GPS location devices crucial for navigation, tablets for personal and professional use, and firearms for security and defense. This comprehensive coverage helps OEMs find tailored carrying and protective solutions that meet their specific requirements.

• Design Segment:

  The Design segment of Forward Industries stands out by offering hardware and software product design and engineering services. This illustrates the company's capability to go beyond just manufacturing and distributing. It positions Forward Industries as a creative partner in the development process, assisting OEMs in transforming their conceptual ideas into tangible products. This service is instrumental for companies looking to innovate or upgrade their product offerings, ensuring functionality, aesthetic appeal, and market relevance.