What is Process Components?
Established in 1991, Process Components (PCI) specializes in comprehensive repair and manufacturing services for gas compressors and related components. Their expertise spans overhauls, precision manufacturing of valves and pistons, and rebuilding of frac pumps and fluid ends for midstream and pressure pumping industries. PCI operates a state-of-the-art CNC manufacturing facility, positioning itself as a one-stop-shop for operators. The company prides itself on dependability, servicing a wide array of major equipment brands and offering a substantial inventory of used OEM parts, including crankshafts, compressor frames, and cylinders. Their legacy is built on robust machine shop capabilities, now enhanced by advanced manufacturing technologies.
How much funding has Process Components raised?
Process Components has raised a total of $820K across 2 funding rounds:
Debt
$350K
Debt
$470K
Debt (2020): $350K with participation from PPP
Debt (2021): $470K led by PPP
Key Investors in Process Components
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Process Components?
The recent major strategic investment suggests Process Components is poised for further expansion and operational enhancement. This capital infusion is likely to support the scaling of their services into the pressure pumping industry, building upon their three decades of experience in gas compression. Future growth may involve expanding manufacturing capacity, investing in new technologies to enhance CNC capabilities, and potentially broadening their service network to cater to a larger client base within the midstream and energy sectors. The company's focus on dependability and comprehensive service offerings positions it for continued success in a demanding market.
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