Stancor, Inc., a Monroe, Conn.-based manufacturer of electric submersible pumps, controls and related replacement accessories for heavy industrial applications, received a strategic investment of undisclosed amount.
Backers included Knox Capital, Longview Asset Management and Bratenahl Capital.
The company intends to use the funds to grow in the marketplace, expand its product and service offerings.
Led by Alan Tenney, President, Stancor designs and manufactures electric submersible pumps, controls and related replacement parts and accessories for critical heavy industrial applications, in the mining, utility, commercial construction and wastewater industries, among others.
FinSMEs
14/10/2014