Insights

Strategic acquisitions Innovance has recently expanded through acquisitions of Filtration Solutions Ltd. and Jorgensen Conveyors, signaling an active growth strategy and potential cross-sell opportunities across its four subsidiary brands in metalworking, filtration, and conveyor equipment.

Employee ownership As a 100% employee-owned holding company, Innovance may value long-term customer relationships and stability, suggesting sales approaches that emphasize durability, after-sales service, and collaborative partnerships.

Mid-market focus With revenue in the 10 to 25 million range and a lean workforce, Innovance sits in the mid-market segment, presenting upsell and expansion opportunities to scale production capabilities, efficiency upgrades, and integrated manufacturing solutions.

Industrial breadth The portfolio spans industrial machinery, conveyors, filtration, and finishing, creating cross-sell potential for bundled solutions that address end-to-end manufacturing needs for metalworking and related industries.

Digital readiness Active presence across Google Ads, Cloudflare, Sucuri, and cloud-based tools indicates openness to digital marketing and online procurement; this suggests opportunity for demand generation, e-commerce enablement, and data-driven product recommendations.

Similar companies to Innovance Inc.

Innovance Inc. Tech Stack

Innovance Inc. uses 8 technology products and services including QuickBooks, Google Ads, Amazon Web Services, and more. Explore Innovance Inc.'s tech stack below.

Innovance Inc.'s Email Address Formats

Innovance Inc. uses at least 2 email formats:
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 LinkedIn and Crunchbase.

How much revenue does Innovance Inc. generate?

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As of July 2026, Innovance Inc.'s annual revenue is estimated to be $10M - $25M.

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

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Innovance Inc.'s SIC code is 3599 - Industrial and Commercial Machinery and Equipment, Not Elsewhere Classified and 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 America and Asia. Key team members include Plant Manager: G. B., Human Resources Manager Recruiting Manufacturing Hiring Talent Management: R. P. and 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 QuickBooks, Google Ads, Amazon Web Services, Sucuri, WordPress, Amazon Simple Email Service, Microsoft 365 and Sage.

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 $88M as a Series B.

  • $10M - $25M

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

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