Insights

Strategic Acquisition Innovance has recently expanded through acquisitions of Filtration Solutions Ltd. and Jorgensen Conveyors, signaling an aggressive growth strategy and potential cross-sell opportunities across its four subsidiaries (ALMCO, Lou-Rich, Panels Plus, Mass Finishing). Engage with Innovance leadership to explore bundled equipment, integration services, and shared aftermarket support.

Employee Ownership As an ESOP-owned holding company with 100% employee ownership, Innovance emphasizes long-term value and customer-centric reliability. This structure can be leveraged to position enhanced post-sale service commitments, optimized maintenance programs, and loyalty-driven expansions to existing clients.

Industrial Synergy With a diversified mix of industrial manufacturing capabilities across conveyor systems, metalworking conveyors, filtration, and finishing, Innovance represents a cross-sell opportunity for integrated solutions that reduce vendor fragmentation and streamline procurement for manufacturing customers.

Regional Footprint Headquartered in Albert Lea, MN with Mequon-based acquisitions indicates a Midwest footprint. Target sales motions can focus on regional manufacturers in need of scalable, local support, rapid deployment, and co-managed service agreements.

Digital Backbone Adoption of cloud and enterprise tools (Amazon Web Services, Cloudflare, Microsoft Dynamics, and Cloudflare Bot Management) suggests a modernization effort. Propose complementary digital solutions such as IIoT data integration, predictive maintenance analytics, and ERP/CRM enhancements to improve reliability and service revenue.

Innovance Inc. Tech Stack

Innovance Inc. uses 8 technology products and services including Google Ads, Sucuri, Amazon Simple Email Service, and more. Explore Innovance Inc.'s tech stack below.

  • Google Ads
    Advertising
  • Sucuri
    Content Delivery Network
  • Amazon Simple Email Service
    Email
  • Microsoft Online
    Email Hosting
  • Sage
    Enterprise Resource Planning
  • Microsoft
    Miscellaneous
  • HSTS
    Security
  • Cloudflare Bot Management
    Security

Innovance Inc.'s Email Address Formats

Innovance Inc. uses at least 1 format(s):
Innovance Inc. Email FormatsExamplePercentage
FLast@innovance.comJDoe@innovance.com
96%
LastFirst@innovance.comDoeJohn@innovance.com
4%

Frequently Asked Questions

What is Innovance Inc.'s phone number?

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You can contact Innovance Inc.'s main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Innovance Inc.'s official website and social media links?

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Innovance Inc.'s official website is innovance.com and has social profiles on LinkedInCrunchbase.

What is Innovance Inc.'s SIC code NAICS code?

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Innovance Inc.'s SIC code is 3599 - Industrial and Commercial Machinery and Equipment, Not Elsewhere Classified NAICS code is 3332 - Industrial Machinery Manufacturing.

How many employees does Innovance Inc. have currently?

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As of July 2026, Innovance Inc. has approximately 30 employees across 2 continents, including North AmericaAsia. Key team members include Plant Manager: G. B.Human Resources Manager Recruiting Manufacturing Hiring Talent Management: R. P.Inventory And Production Planning Mana: A. G.. Explore Innovance Inc.'s employee directory with LeadIQ.

What industry does Innovance Inc. belong to?

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Innovance Inc. operates in the Industrial Machinery Manufacturing industry.

What technology does Innovance Inc. use?

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Innovance Inc.'s tech stack includes Google AdsSucuriAmazon Simple Email ServiceMicrosoft OnlineSageMicrosoftHSTSCloudflare Bot Management.

What is Innovance Inc.'s email format?

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Innovance Inc.'s email format typically follows the pattern of FLast@innovance.com. Find more Innovance Inc. email formats with LeadIQ.

How much funding has Innovance Inc. raised to date?

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As of July 2026, Innovance Inc. has raised $183M in funding. The last funding round occurred on Feb 25, 2002 for $88M.

When was Innovance Inc. founded?

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Innovance Inc. was founded in 2004.
Innovance Inc. logo

Innovance Inc.

Industrial Machinery ManufacturingMinnesota, United States11-50 Employees

Innovance Inc. operates as a holding company for four 100% employee-owned manufacturing firms—ALMCO, Lou-Rich, Panels Plus, and Mass Finishing. Together, these companies offer a range of industrial manufacturing capabilities, enabling the group to provide integrated solutions for various customer needs. The company is based in Albert Lea, Minnesota, and is committed to growing the value of its employee-owned structure while maintaining ties to its communities.

In 2024, Innovance expanded its portfolio with the acquisitions of Filtration Solutions Ltd. and Jorgensen Conveyors, Inc.; Jorgensen Conveyors is a Mequon-based manufacturer of custom-designed conveyor equipment for the metalworking industry. These moves broaden the group’s capabilities within the industrial machinery sector and reflect a strategy to deliver broader solutions to its customers.

Section iconCompany Overview

Phone number
SIC Code
3599 - Industrial and Commercial Machinery and Equipment, Not Elsewhere Classified
NAICS Code
3332 - Industrial Machinery Manufacturing
Founded
2004
Employees
11-50

Section iconFunding & Financials

  • $183M

    Innovance Inc. has raised a total of $183M of funding over 3 rounds. Their latest funding round was raised on Feb 25, 2002 in the amount of $88Mas a series_b.

  • $10M$25M

    Innovance Inc.'s revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $183M

    Innovance Inc. has raised a total of $183M of funding over 3 rounds. Their latest funding round was raised on Feb 25, 2002 in the amount of $88Mas a series_b.

  • $10M$25M

    Innovance Inc.'s revenue is estimated to be in the range of $10M$25M

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