What is Torq/Lite?
Torq/Lite has established itself over four decades as a key provider of advanced bolting solutions, including hydraulic wrenches, multipliers, tensioners, and flange maintenance tools. The company caters to critical industries such as oil & gas, power, wind, construction, mining, and hydro, emphasizing quality and safety with ISO 9001 certification and comprehensive support services. Their product innovation, exemplified by the Robo-Spider, aims to boost efficiency and productivity in global bolting applications.
How much funding has Torq/Lite raised?
Torq/Lite has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Torq/Lite
PPP
Public-Private Partnership
What's next for Torq/Lite?
With the recent major strategic investment and substantial overall capital, Torq/Lite is poised for significant expansion. This late-stage funding context suggests a strategic focus on scaling production, enhancing market reach, and potentially developing new product lines or technologies to further solidify its leadership in the precision bolting tools market. The company's commitment to innovation and industry-specific solutions indicates a trajectory aimed at capturing greater market share and driving operational advancements for its clients.
See full Torq/Lite company page
