What is Pro-Con?
Progressive Converting (ProCon) has established itself as the largest independent paper converter in North America since its inception in 1991. Rooted in the expertise of former printers, the company initially focused on converting services. Over time, ProCon has strategically diversified its offerings through the acquisition of PaperQuest in 2006, adding paper sales to its portfolio, and cultivating a significant coating business unit that features revolutionary Vireo sustainable coating solutions. With six operational facilities and a workforce exceeding 500 employees, ProCon continues to prioritize exceeding client expectations and supporting the broader print and packaging industries.
How much funding has Pro-Con raised?
Pro-Con has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for Pro-Con?
The recent major strategic investment signals a new phase of growth and expansion for Pro-Con. This capital infusion is expected to fuel further development of its sustainable coating technologies and potentially broaden its market reach through additional strategic acquisitions or organic scaling. The company's trajectory suggests a continued focus on enhancing its converting services and paper sales, solidifying its leadership in the North American market.
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