What is Hines?
Hines Corporation, established in 1987 and headquartered in Spring Lake, Michigan, operates as a private holding company. Through its diverse subsidiaries, Hines manages a portfolio of businesses including Johnson Boiler, Cimline Pavement Maintenance, Garlock Equipment, Garlock Safety Systems, Bennett Pump, and Pacific Floorcare. This diversified structure allows Hines to maintain a broad operational footprint across various industrial and maintenance-related markets.
How much funding has Hines raised?
Hines has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for Hines?
The recent major strategic investment signals a period of potential expansion and operational enhancement for Hines. This capital infusion is likely to fuel further development across its subsidiary companies, potentially enabling market share growth, technological advancements, or strategic acquisitions. The company's established history and diversified business model position it well to leverage this new financing for sustained enterprise-level development.
See full Hines company page
