What is Evapo-Rust?
Founded in 1997 and headquartered in Springdale, Arkansas, Harris International Labs Inc. has established itself as a leader in specialty industrial chemistry. The company gained significant industry recognition following the 2001 debut of Evapo-Rust, a patented, revolutionary rust-removal solution that was subsequently honored as the Top New Technology in Industrial Cleaning. By prioritizing rigorous research and development, the firm has transitioned from a niche chemical manufacturer into a critical provider of maintenance solutions for heavy industry, automotive, and manufacturing sectors. Its commitment to non-toxic, high-performance chemical engineering remains the cornerstone of its competitive advantage in a market increasingly focused on sustainable industrial practices.
How much funding has Evapo-Rust raised?
Evapo-Rust has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Evapo-Rust
PPP
Public-Private Partnership
What's next for Evapo-Rust?
Following this late-stage capital injection, Evapo-Rust is expected to accelerate its operational scaling and market penetration strategies. The firm is likely to focus on expanding its distribution networks and enhancing its manufacturing capacity to meet the growing demand for efficient, environmentally conscious industrial cleaning agents. By utilizing this strategic financing, the company aims to solidify its leadership in the chemical maintenance space, potentially exploring new product lines or international market expansion. The focus remains on maintaining the high standards of innovation that defined its early success while optimizing supply chain efficiencies to support long-term growth and shareholder value.
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