TIBO (formerly I.Thibault Inc.) was founded in Bellechasse, QC, Canada

Mr. Irenée, founder of the company, quickly established TIBO as a leader in the field of plastic injection molds in Canada and the United States. Over the years, 5 of his 13 children, Marc, Denis, Lyse, Guy-Paul and Pierre joined him as shareholders, contributing to the company’s success.

TIBO is beginning to successfully export its automotive plastic expertise and tooling beyond Canada and the United States

TIBO has successfully focused on marketing and sales in Mexico, with the goal of scaling by capitalizing on the growing automotive OEM market.

Tools engineered in Canada and built in China like no other

The company creates TIBO Asia to increase its production capability, capacity, competitiveness and agility. To achieve this goal, the company has established a corporate engineering and project management office in Canada, which will oversee all technical aspects of the new business model. Additionally, the company has formed partnerships with strategic locations and employed local staff in China. With these resources in place, TIBO can now offer a complete range of mold sizes and complexities without any manufacturing limitations. Dave Lefrançois, who has been with TIBO since 2008, utilized his Asia procurement experience to develop this innovative business model.

Success has paved the way for a new strategic commitment

With even steadier growth, TIBO, fueled by its new global engineering and manufacturing unit proposals, signs its first long-term “OEM direct” contract that reflects the confidence and long-term commitment of its key customers. Dave Lefrançois became part of this growth by becoming a shareholder and Vice President of Sales and Operations at TIBO.

The success was even greater two years later when TIBO was born from the former I Thibault. The new name gave birth to innovative branding techniques that allowed the company to reach new heights in the market.

From TIBO mold maker to “TIBO Engineering and Tooling for Plastics”

2019 was a time of strategic pivot. TIBO embarked on its new vision “TIBO – Engineering & Tooling for Plastics”, and promoted Dave Lefrançois to CEO. The company strategically ceased its own manufacturing operations to focus on its value proposition of integrating and optimizing the manufacturing capacity of its network managed and engineered by its corporate technical office in Canada.

Two years later, true to its mission statement and promise to deliver more when involved with its customers sooner, TIBO launched new product design services that already shine with unique tooling expertise.

TIBO “walks the talk” to continue delivering on its mission and vision

TIBO’s engineering offering continues to evolve and adds a new product development division to its team that supports our USP: “The sooner we team up, the bigger is your gain”. This new product design force is quickly differentiating itself from the competition as it offers a much more complete offering that provides product CAD ready for injection plastic tooling. This is just one example of all that is to come in our desire to meet our corporate vision for an ever brighter and more beneficial future to continue to wow our customers.