What is Converted Products?
Founded in 1993 by Chris Gorenc in West Allis, Wisconsin, Converted Products, Inc. has evolved into a prominent player in the contract converting industry. Operating from a 140,000 sq. ft. facility in Milwaukee, the company offers a comprehensive suite of services including slitting, die cutting, sheeting, and ultrasonic laminating. With over three decades of specialized experience, Converted Products serves a global clientele, maintaining its founding principles of innovative solutions, competitive pricing, and personalized service. The company has notably developed CPI PasteLoc, a high-performance pasting paper widely adopted in the Lead Acid Battery market, showcasing its capacity for product development and market leadership.
How much funding has Converted Products raised?
Converted Products has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Converted Products?
The recent major strategic investment, within the context of large-scale late-stage funding, signals Converted Products' intent to accelerate its growth and potentially expand its market reach. This capital infusion is likely to fuel further development of proprietary products like CPI PasteLoc and enhance its contract converting capabilities. Strategic partnerships and operational scaling are probable next steps as the company solidifies its leadership position in the contract converting sector and the specialized battery materials market.
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