What is Mortex Products?
Mortex Products operates within the commercial HVAC sector, specializing in the manufacturing and supply of belt-drive air handlers. These units are characterized by their double-wall, post-and-panel construction, utilizing heavy-gauge galvanized steel for durability. The air handlers are available in configurations for chilled water or direct expansion, with versatile heating options including hot water, steam, and electric heat, catering to diverse commercial building requirements.
How much funding has Mortex Products raised?
Mortex Products has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for Mortex Products?
The recent major strategic investment signals a pivotal growth phase for Mortex Products. This capital is expected to fuel expansion initiatives, potentially enhancing manufacturing capabilities, broadening market reach, and accelerating product development in the competitive commercial air handling systems market. The company's focus on robust construction and flexible configurations positions it for continued success.
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