What is Corrotec?
Corrotec, Inc., established in 1981, is a specialized provider of turnkey surface finishing systems. The company offers a comprehensive suite of services including design, programming, fabrication, installation, and ongoing service, inspection, maintenance, and troubleshooting. Their product portfolio encompasses overhead and side arm systems, manual systems, tanks, automation and controls, ventilation, dryers, and water treatment solutions. Corrotec serves a diverse industrial base, including aerospace, medical, and automotive sectors, as well as job shops, emphasizing high-quality systems and customer service. Their in-house expertise ensures agility and consistent quality, positioning them as a reliable partner in the surface finishing industry.
How much funding has Corrotec raised?
Corrotec has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$672K
Debt (2020): $350K with participation from PPP
Debt (2021): $672K led by PPP
What's next for Corrotec?
The recent major strategic investment signifies Corrotec's readiness for significant expansion or technological advancement. Given the company's long-standing history and comprehensive service offerings, this capital infusion is likely to fuel further innovation in their system designs, enhance their automation capabilities, or expand their market reach into new industrial verticals. The enterprise-level nature of the funding suggests a focus on scaling operations and solidifying their competitive advantage in the demanding surface finishing sector.
See full Corrotec company page
