What is MG Automation & Controls?
MG Automation & Controls is a long-standing provider of automation and controls supplies, boasting over seven decades of industry experience. Operating from Harahan, Louisiana, and serving clients across Alabama, the company offers an extensive catalog of products from more than 250 manufacturers. Their specialization includes essential components such as power supplies, industrial automation parts, and collaborative robots. MG Automation & Controls is recognized for its deep product knowledge and commitment to customer service, adeptly assisting clients in sourcing even specialized or hard-to-find items, thereby solidifying its reputation as a reliable and resourceful partner in the automation supply chain.
How much funding has MG Automation & Controls raised?
MG Automation & Controls has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for MG Automation & Controls?
The recent strategic investment in MG Automation & Controls, occurring within the context of large-scale late-stage funding, suggests a strategic push for expansion or technological advancement. This capital infusion is likely to bolster the company's capabilities, potentially enabling it to broaden its product offerings, enhance its service infrastructure, or explore new market segments. Given its extensive history and established client base, this financing is poised to accelerate its trajectory, reinforcing its competitive edge in the dynamic industrial automation landscape.
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