What is J E Myles?
J E Myles is a comprehensive distributor of fluid power, servo electronics, and precision assembly systems, serving a diverse array of industries including machine tool, parts handling, instrumentation, chemical, gas and oil, utilities, and military sectors. Established in 1959, the company provides a broad spectrum of control, process, and automation products, such as oil filtration systems, ultra-high pressure liquid and gas pumping systems, and closed-loop servo systems. J.E. Myles Inc. prides itself on offering high-quality, reliable, and durable products, complemented by service centers in Troy and Madison Heights, MI, for electronic and fluid power product servicing. Its affiliate, Control Power-Reliance, specializes in manufacturing product development and production testing machines, closed-loop electronic and hydraulic servo systems, and simulation testing equipment.
How much funding has J E Myles raised?
J E Myles has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in J E Myles
PPP
Public-Private Partnership
What's next for J E Myles?
With its substantial total funding and a recent strategic investment, J E Myles is poised for continued expansion and technological advancement within the industrial automation and fluid power distribution landscape. The company's deep roots, dating back to 1959, combined with its broad product and service offerings, suggest a strategic focus on enhancing its market share and operational efficiency. Future growth is likely to involve leveraging its established distribution network and potentially integrating new automation technologies to meet the evolving demands of its core industries, including energy, manufacturing, and defense.
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