Peter A. Quigley - President, CEO and Chairman of the Board Peter founded Fiberspar in 1986 as a result of undergraduate and graduate studies at the Massachusetts Institute of Technology between 1980 to 1986. Peter received a Bachelor of Science in Naval Architecture and Marine Engineering from MIT in 1985 and was awarded numerous study grants, academic prizes, and scholarships for both his undergraduate and subsequent graduate work. He completed one year of graduate study under the Robert Bruce Wallace Academic Prize in 1986 and subsequently undertook the founding of Fiberspar to explore commercial applications for his academic work.

 Fiberspar has focused on the development and commercialization of proprietary product designs and methods of manufacture of high strength composite materials. Initially Fiberspar technology was applied in the sporting goods industry where the company achieved an impressive track record in the markets it has served. Fiberspar products were used by twelve consecutive world champions in windsurfing, four leading scorers in the National Hockey League, and three consecutive winning America’s Cup teams. Fiberspar was ranked as the 40th fastest growing private company in the US by Inc. Magazine in 1993.

 In May, 2000, Fiberspar divested its sporting goods business operations to concentrate on a new rapidly growing Fiberspar business started in 1997 which leveraged a unique technology for the design and manufacture of high pressure, spoolable, fiber reinforced plastic pipe for applications in the oil and gas industry. Several large oil field service companies invested in Fiberspar Corporation between 1997 and 2003, to facilitate the transition from a sporting goods supplier, to an oil field product and service company including Halliburton, Weatherford International, and Mitsubishi Corporation.

Since Fiberspar’s first commercial sale of its patented, high pressure, spoolable pipe, in 2000, more than 10 Million feet of Fiberspar spoolable pipe have been installed in North America for more than two hundred of the world’s largest oil and gas companies. Fiberspar LinePipe is being rapidly accepted as a lower capital and operating cost alternative to conventional steel pipelines used in gathering applications for oil and gas wells.