Tensile strength of the woven glass fiber reinforced PET (Poly-Ethylene-Terephthalate) matrix composite manufactured by rapid press consolidation technique was investigated and evaluated. During pre-heating, consolidation and solidification stages, the optimal manufacturing conditions for this composite were discussed based on the void content and tensile properties depending on vacuum condition. It is found that the effect of vacuum condition during preheating gives a substantial difference on the strength as well as microstructure. It is also found that the failure micromechanism shows several energy absorption processes enhancing fracture toughness.