What is PG Engineered Control Solutions?
Based in Rockford, Illinois, PG Engineered Control Solutions is a seasoned provider of engineered control solutions catering to a broad spectrum of industrial markets. These include Off Highway, Marine, Oil and Gas, Material Handling, Renewable Energy, Power Generation, Agriculture/Farming, and Construction. Leveraging over a century of combined technical and operational experience, the company excels in developing bespoke technologies and products, with a particular emphasis on actuation and controls for small engine applications. PG Controls is recognized for its commitment to quality, responsiveness, and delivering custom-tailored solutions that enhance operational efficiency and reliability for its clientele.
How much funding has PG Engineered Control Solutions raised?
PG Engineered Control Solutions has raised a total of $302K across 2 funding rounds:
Debt
$150K
Debt
$152K
Debt (2020): $150K with participation from PPP
Debt (2021): $152K led by PPP
What's next for PG Engineered Control Solutions?
The substantial capital infusion at this late stage of PG Engineered Control Solutions' development signals a strategic pivot towards accelerated growth and market consolidation. This significant backing is expected to fuel further innovation in their specialized control solutions, potentially enabling expansion into new industrial verticals or deepening their penetration in existing ones. The company is poised to leverage this investment to enhance its technological capabilities, scale its operations, and solidify its competitive advantage in the engineered control systems sector.
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