Tripar Blog

Our Patent Strategy: Innovation at Fair Prices

When dealing with patents, we believe in listening to customers and fair pricing – because too often, these are neglected.

TL;DR: See our 9 lighting patents and growing. Below is our patent strategy.

As North America’s largest supplier of CNC fabricated & stamped metal lighting components, we’ve developed many patented products. Our expertise is in the mechanical details of luminaires; focusing on the critical but hidden parts (unappreciated by the end user) vital to manufacturers, installers, and service providers.

How do we do this? By actively listening to our customers; whether they are voicing concerns about existing components or suggesting new product ideas. This feedback fuels innovation.

Why do we do this? Our goal is to provide our customers with what they want; both technically and at fair pricing. 

Our reasons for not overcharging are clear:

  1. To offer these components at greater value. Thus, enabling OEMs to sell more and buy more from us, generating the revenue necessary to cover R&D costs – a full circle of benefits.
  2. It’s always been our company’s philosophy to solve client’s problems at the lowest possible cost – it’s in our DNA.
  3. We only charge what we need to to make a necessary profit.
  4. To deter copycats. We keep our margins modest, encouraging them to copy overpriced products from other companies.

In short, we see it as good business. A win-win-win.

With 9 patented products (and always growing), these are my 3 favorites:

Simply taper the sides to allow nesting to within 1”; saving over 50% in shipping costs

Adjustable hole achieved with only 6 leaves. People who see it scratch their heads while nodding at its versatility

Done differently than anything in the past, offering a whack of new & unique features

We bring the magic of metal to light.

Lloyd Sevack
President, Tripar Inc

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