What is R&M Fluid Power?
R&M Fluid Power specializes in the expert remanufacture of hydraulic cylinders, aiming to restore them to better-than-new condition with customer authorization. The company's capabilities extend to large-scale cylinders, including those with up to a 28-inch bore and strokes exceeding 32 feet. R&M has also designed and built custom 5000 PSI cylinders. With over 18 years of experience in cylinder rebuilding, their team of professionals is adept at enhancing application performance, thereby reducing downtime and increasing profitability for their clients.
How much funding has R&M Fluid Power raised?
R&M Fluid Power has raised a total of $679K across 2 funding rounds:
Debt
$350K
Debt
$329K
Debt (2020): $350K with participation from PPP
Debt (2021): $329K led by PPP
Key Investors in R&M Fluid Power
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for R&M Fluid Power?
The substantial enterprise-level funding R&M Fluid Power has attracted indicates a strategic focus on scaling operations and potentially expanding its service offerings or market reach. This capital infusion is likely to support advancements in their remanufacturing processes and bolster their capacity to handle complex, large-scale cylinder projects. The company's commitment to improving performance and profitability for its customers positions it for continued success in the competitive industrial equipment sector.
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