What is Wastech Controls & Engineering?
Wastech Controls & Engineering, Inc. is a prominent player in the design, engineering, and manufacturing of fully automated industrial process systems. The company specializes in a range of critical systems, including pH adjustment, pump lift stations, solvent and chemical collection cabinets, heavy metal removal, vacuum distillation evaporators, and acid waste neutralization systems, alongside custom process skids. Wastech's competitive advantage stems from its experienced engineering team, which encompasses process, chemical, mechanical, electrical, and control system disciplines. This in-house expertise allows for tailored system design and fabrication to meet diverse client needs across various market segments. The company also boasts highly skilled fabricators and assemblers proficient in plastic welding, piping, and equipment assembly, complemented by an unparalleled UL 508A and UL 698A certified panel fabrication shop for industrial control panels. As a certified member of the Control Systems Integrators Association (CSIA), Wastech maintains a distinguished history of customer service and post-commissioning support.
How much funding has Wastech Controls & Engineering raised?
Wastech Controls & Engineering has raised a total of $1.8M across 2 funding rounds:
Debt
$1M
Debt
$786K
Debt (2020): $1M with participation from PPP
Debt (2021): $786K led by PPP
Key Investors in Wastech Controls & Engineering
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Wastech Controls & Engineering?
The substantial enterprise-level capital infusion signifies Wastech Controls & Engineering's readiness for significant scaling and market expansion. This strategic investment is likely to fuel advancements in their core offerings, potentially leading to the development of more sophisticated process integration solutions and the enhancement of their manufacturing capabilities. Expect Wastech to leverage this backing to further solidify its leadership in automated industrial process systems, possibly exploring new market segments or deepening its penetration in existing ones. The company's focus on in-house engineering talent and certified fabrication suggests a strategic direction towards innovation and maintaining high-quality standards in its complex system offerings.
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