Low cost isotropic and/or mesophase pitch is used to densify carbon fiber preforms by VPI and/or RTM equipment in place of CVI/CVD processing, for reduced manufacturing cycle times and costs and reduced need for expensive densification equipment. The process includes: heat treating a carbon fiber preform; infiltrating the preform with a pitch feedstock by VPI and/or RTM; carbonizing the pitch-infiltrated carbon fiber preform at 1200-2450° C. with a hold time of 4 hrs to ensure the entire furnace reaches the max temperature; repetition of the pitch infiltration and carbonization steps until the density of the preform is about 1.7 g/cc or higher; and a final heat-treatment of the densified composite. Brake discs manufactured in this way have higher densities and better thermal characteristics, which result in improved mechanical properties and friction and wear performance as compared with conventional CVI/CVD-densified brake discs.