What is Powershift?
Powershift Inc. is an independent rebuild facility specializing in industrial and commercial transmission services. Established in 1989 and serving the Rocky Mountain Region, the company offers exchange transmissions and cryogenic processing to enhance component durability. They provide full-service facilities, technical support, and complete rebuild services, focusing on delivering quality products at competitive prices to ensure reduced downtime and extended transmission longevity for their clients.
How much funding has Powershift raised?
Powershift has raised a total of $296K across 2 funding rounds:
Debt
$150K
Debt
$146K
Debt (2020): $150K with participation from PPP
Debt (2021): $146K led by PPP
Key Investors in Powershift
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Powershift?
With a history of substantial debt financing, Powershift Inc.'s recent strategic investment signals a potential shift towards growth and operational expansion. This capital infusion is likely to be directed towards enhancing their cryogenic processing capabilities, expanding their service reach, or investing in new technologies to further solidify their reputation for reliability and customer satisfaction in the competitive transmission services market.
See full Powershift company page
