Power Drives
Highly Engaged Employees
Highly Engaged EmployeesHome Improvement & Hardware Retail · New York, United States · 201-500 Employees
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Overview
Headquarters
801 Exchange St, Buffalo, New York, 1421...Phone Number
(716) 822-3600Website
www.powerdrives.comRevenue
$62.8 MillionIndustry
ZI Rank: 1
Signal Type
Dec
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ZI Rank
3
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1
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About Power Drives
Power Drives, Inc. specializes in hydraulic, pneumatic, and industrial hose supply and replacement, serving the industrial hydraulics and locomotive industries for over 75 years. The company offers custom-engineered solutions and operates five express hose centers in the Buffalo metro and WNY regions. Their extensive product range includes hose assemblies, tube bending, and engineering support services, catering to various markets such as agriculture, construction, and oil & gas. With a manufacturing facility in Changshu, China, PDI also distributes electromechanical components for fluid conveyance and motion control applications.Explore more
Power Drives Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
Power Drives is experiencing very low activity levels compared to other companies in the Retail sector.
What does this means?
Power Drives is drawing exceptional interest within the Retail industry, suggesting notable developments or strong market momentum, learn more about Power Drives.
Power Drives financials insights
Gather financial insights about Power Drives, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2011
Unspecified
$250K
2020
Debt
$2M
2021
Debt
$1.9M
Power Drives Tech Stack
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Most Recent Scoops
Person-Based
Funding
Power Drives has received an SBA PPP loan in the amount of $1,858,232 from KeyBank National Association resulting in the retention of 123 jobs.
Funding
Power Drives has received an SBA PPP loan for $2-5 million from KeyBank National Association, supporting the retention of 153 jobs.
Left Company
Executive Move
Jeffrey Boreali, Vice President, Operations, has left the organization.
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Executive Move
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Frequently Asked Questions Regarding Power Drives
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Power Drives, Inc. specializes in hydraulic, pneumatic, and industrial hose supply and replacement, serving the industrial hydraulics and locomotive industries for over 75 years. The company offers custom-engineered solutions and operates five express hose centers in the Buffalo metro and WNY regions. Their extensive product range includes hose ass... Read More
