Natural Fiber Welding

Peoria’s NFW recently laid off employees as part of company restructuring — the third restructuring of this kind at the producer of plant-based plastic alternatives in as many years.

Peoria's Natural Fiber Welding is laying off more employees as the start-up continues to struggle with "significant challenges."

A spokesperson for the company formerly known as Natural Fiber Welding says there are delays in customer contracting. That's left NFW unable to close a bridge round of funding.

Natural Fiber Welding could receive 1 million British pounds from Prince William's Earthshot Prize. The company is a finalist for the prize.

Peoria-based Natural Fiber Welding is laying off approximately 10 percent of its workforce.

Closing an $85 million private funding round is "a very big deal" for Peoria-based Natural Fiber Welding.

It appears a portion of the former Shopko building on Pioneer Parkway may soon play host to a Natural Fiber Welding manufacturing space.

It's 2022, and a revolution is quietly brewing in Peoria, Illinois. “Plants, not plastic” is the mantra of Natural Fiber Welding, a Peoria startup that is developing plant-based alternatives to leather and plastics.

Natural Fiber Welding, the innovative Peoria developer and manufacturer of sustainable alternatives to leather and plastics, recently announced $15 million in new capital investments. NFW founder and CEO Luke Haverhals says the new funding – headlined by a major auto maker – represents major growth for the company and increased interest in its products.

During the Opening and Closing Ceremonies, Team USA members will don parade apparel from Ralph Lauren featuring a patch made with Natural Fiber Welding's plant-based leather alternative Mirum.