What is PanelTEK?
Founded in 2000 in Fond du Lac, Wisconsin, PanelTEK has evolved from a specialized internal supplier for G&L into a comprehensive provider of industrial control panels and engineering services. The company operates out of a sophisticated 30,000 square foot facility, which features advanced testing capabilities and overhead crane infrastructure to support complex assembly requirements. Since its acquisition by Stillwater Partners in 2013, PanelTEK has maintained operational continuity while expanding its service portfolio to meet the rigorous demands of the food and beverage, environmental, and machine tool sectors. The firm is recognized for its high-quality craftsmanship and adherence to strict delivery timelines, positioning it as a critical partner for industrial clients requiring precision-engineered control solutions.
How much funding has PanelTEK raised?
PanelTEK has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in PanelTEK
PPP
Public-Private Partnership
What's next for PanelTEK?
With the recent infusion of capital, PanelTEK is well-positioned to accelerate its strategic growth initiatives. The company is expected to focus on enhancing its manufacturing capacity and potentially integrating new automation technologies to further streamline its production workflows. As the industrial sector continues to prioritize efficiency and reliability, PanelTEK's ability to leverage its expanded facility and engineering expertise will be pivotal in capturing additional market share. Future developments will likely center on deepening its penetration into high-growth verticals such as pharmaceutical and environmental technology, where the demand for specialized control systems remains consistently high.
See full PanelTEK company page
