What is Progressive Hydraulics?
Progressive Hydraulics, Inc. is a seasoned provider of hydraulics, pneumatics, and fluid power solutions, boasting over five decades of industry experience. The company offers an extensive portfolio of products, including hydraulic cylinders, pneumatic actuators, valves, and filtration systems. Serving industrial, military, and commercial clients across New Jersey, New York, and Connecticut, Progressive Hydraulics also provides specialized services such as custom hose assemblies, kitting, and vendor-managed inventory. As a premier full-line Parker distributor, they are adept at delivering both component expertise and comprehensive turnkey systems tailored for diverse industrial applications.
How much funding has Progressive Hydraulics raised?
Progressive Hydraulics has raised a total of $719K across 1 funding round:
Debt
$719K
Debt (2021): $719K with participation from PPP
What's next for Progressive Hydraulics?
The recent major strategic investment signals a pivotal growth phase for Progressive Hydraulics. This capital is expected to fuel further expansion, potentially enhancing their product development, broadening their service capabilities, and strengthening their market reach within the Northeast region and beyond. The company's established reputation and its role as a key Parker distributor position it for continued success and strategic advancements in the fluid power sector.
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