Fosstech AS er nå en aktør og samarbeidspartner for Gründerhuset Hi5 i Tønsberg.
Bedriften bidrar med kompetanse og erfaring.
Steven Foss har trådt inn som ny styreleder i Hi5, i samarbeid med ny og inspirerende daglig leder Marie Kobro Hanche-Olsen.
Sammen ønsker vi å løfte Hi5 ytterligere frem til å bli en svært positiv arena og et samlingssted for
nyskapende innovasjon og gründervirksomhet, for vårt nærområde.
Vi ønsker å skape nye arbeidsplasser, og skape blest om næringslivet, noe som er spesielt viktig
i disse dager.
Les mer om Hi5’ spennende historie og hvordan de kan hjelpe deg med å se dine muligheter og realisere drømmer…
Automatic trawl sack expander for more sustainable fisheries
FossTech’s pressure operated actuator expands the volume of trawling sacks during hauling, thus reducing fish mortality.
FossTech’s pressure operated actuator constricts sack volume when the trawl is deployed, and releases the constriction as the sack is brought closer to the surface. The mechanism is triggered by changes in pressure, which can be pre-programmed to specific depths.
The Explorer is Norway’s official marketplace for green technology.
Roadside lighting solutions for energy conservation
FossTech’s durable LED solutions bring light down to the road, saving energy and reducing light pollution.
Some 10 to 20 per cent of the world’s energy consumption is used for lighting. Switching from HPS (sodium vapour) road lamps to LED (light-emitting diode) road lamps has been shown to cut energy use by up to 85 per cent.
In 2014, I had to lay off 30 employees and mortgage all the family assets, says Steven Foss in an interview with Tønsbergs Blad on March 20th. However, he believes that Fosstech AS will recover well from this crisis, thanks to the efforts of its staff.
The most important thing now is to keep production going to ensure delivery to our customers. That way, we can invoice and in turn pay our suppliers.
Fosstech has a more diversified product and customer portfolio than in the previous financial crisis. We are now better equiped to withstand the present market fluctuations. After the previous financial crisis, we worked our way slowly but surely back up. It's been five tough years, but the past year has been really positive. And then this happens!
Sales work on hold
We are striving to adhere to the advice of the health authorities. The canteen is closed and some of the administration staff are working from home. We have large spacious offices and Steven Foss himself is in the office working. Our premises are washed every day. As of now, none of the employees have been infected.
So far we have not experienced problems in purchasing parts or in shipment of goods. Sales work must be put on hold as trade fairs at home and abroad have been cancelled.
The employees are making a huge effort at this time. Foss's job is to motivate and keep spirits up, by keeping staff informed of good news regarding new assignments and contracts. He hopes to avoid layoffs, but has had a meeting with the staff representative to pave the way for this if necessary. We were made more resilient by the previous crisis and are now stronger than ever. Our partnership with the Otterlei Group as, who own 40% of Fosstech, has strengthened equity.
We choose not to think too far ahead, but focus on what we can influence at present. We hope and believe that this situation will soon be over!
Source: Tønsbergs Blad
Looking into new cross-over markets
Fosstech has taken their competance and technology within encapsulation of Electronics, down to 6.000 mtrs., from Subsea to Infrastructure. We have developed our own unique solution, for Molding of LED, both Singel Point LED and LED-Bars.