Funding Details
- Awarder
- Inbox
- Date Award
- June 21, 2024
- Vertical
- Manufacturing
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 1997
- Traction
- The company has steadily grown revenues to $24M over the past 10 years. They have about .06% of the $4B spend every year which steel manufacturers need to pay to stay in business. Steel manufacturers are transitioning to 'Green Steel', with $75B in projects announced to be executed by 2030.
- Revenue Amount
-
$24,000,000
- Organizations Involved
- Not specified
- Founders
- Not specified
- Company Description
- The target company is a Midwest-based manufacturing partner for America's largest mining, iron, and steel manufacturing sites: engineering, sourcing, and delivering the products to keep American steel in business. In simpler terms, steel mills in America need certain materials and parts to run their day-to-day operations. The target company supplies some of the biggest names in steel with engineering services and parts, for them to maintain their assets.
- Market
- Steel Industry
- Location
-
Not specified,
Midwest,
US
- Coinvestors
- Not specified
Links