The random discontinuous fiber composite has uniform properties in all directions. The wetlay process is an efficient method to manufacture random discontinuous thermoplastic preform sheets that can be molded into random composite plaques in the hot-press. Investigations were done on the molding parameters that included the set-point mold pressure, set-point mold temperature and cooling methods. The fibers used in the study included glass and carbon fiber. Polypropylene (PP) and Polyethylene Terephthalate (PET) were used as the matrix. Glass/PP and Glass/PET plaques that had fiber volume fractions ranging from 0.05 to 0.50 at an increment of 0.05 were molded. Both tensile and flexural tests were conducted. The test results showed a common pattern, i.e., the modulus and strength of the composite increased with the fiber volume fraction to a maximum and then started to descend. The test results were analyzed to find out the optimal fiber volume fraction that yielded the maximum modulus or strength. Carbon/PET composites plaques were also molded to compare their properties with Glass/PET composite at similar fiber volume fractions. Micrographs were taken of selected specimens to examine the internal structure of the material. Existing micromechanics models that predict the tensile modulus or strength of random fiber composites were examined. Predictions from some of the models were compared with test data. / Master of Science