Strategic Acquisitions Innovance Inc. has recently expanded its market reach through the acquisition of Jorgensen Conveyors and Filtration Solutions, indicating a growth-oriented approach within the industrial machinery sector. This presents opportunities to offer complementary components, maintenance services, and customized solutions to support their increased manufacturing footprint.
Diverse Manufacturing Capabilities With a family of four employee-owned companies, Innovance covers a broad spectrum of industrial manufacturing, from conveyor systems to filtration solutions. This diverse portfolio suggests potential for cross-selling integrated automation and machinery solutions to enhance operational efficiency for their existing client base.
Growing Revenue Range Operating within the $10M to $25M revenue bracket, Innovance is positioned as a mid-sized company poised for growth, making it an ideal target for scalable solutions, strategic partnerships, and enterprise service offerings that can support their expansion ambitions.
Modern Tech Stack Utilizing advanced cloud and web technologies such as AWS, Cloudflare, and SAP maintenance systems indicates a focus on digital transformation and operational efficiency, opening avenues to provide innovative software, IoT, and automation solutions that can further optimize their manufacturing processes.
Market Expansion Opportunities Operating in a competitive landscape with major players like Eaton and Siemens, Innovance’s focus on customized solutions and community respect offers potential for specialized service offerings, consulting, and manufacturing enhancements tailored to niche industrial applications.