Investment Firm Angeleno Group Invests In NESTEC
Angeleno Group, a Los Angeles-based investment firm providing venture capital and growth equity to clean energy and climate solutions companies, announced its investment in NESTEC, an equipment manufacturer and service provider of industrial air pollution control (APC) systems. The commitment will support NESTEC’s continued expansion across existing and new end markets, including renewable fuels, packaging, municipal waste, biomass, engineered wood products, food and beverage, construction materials and semiconductors. The investment also enables NESTEC to pursue geographic expansion and expand product development strategies.
NESTEC operates in more than 35 states and across Canada and has been recognized for its experienced technical team, engineering credibility and focus on improved reliability and minimizing both fuel and electrical costs for its customers.
“At NESTEC our drive has always been to deliver the most effective, reliable and economical air pollution control solutions, not just to meet regulatory requirements, but to genuinely reduce our customers’ environmental footprint and operating costs,” says Jim Nester, Founder and CEO of NESTEC. “Working with Angeleno Group will help us expand our platform to bring that mission into new end markets and geographies, from clean energy and semiconductors to waste processing. We see a significant opportunity to bring that same standard of excellence to a much broader set of industries.”
Latest News
Nation’s Largest Mass Timber Building Under Construction In Oregon
As a crane lowered a glulam beam and construction workers on either end deftly guided it into connection with two upright wooden columns, a tour group member shook his head and said, “It’s like Lincoln Logs.” Kind of. Which may in part explain some of the attraction...
Arauco N.A.’s Kelly Shotbolt Receives Landry Leadership Award
Arauco North America President Kelly Shotbolt has been named the first recipient of the Brock R. Landry Industry Leadership Award. The award, given by the Composite Panel Association, honors individuals for their outstanding contributions and leadership to the...
Pacific Northwest: Study Touts Jobs Growth Tied To Cross-Laminated Timber
The production of cross-laminated timber, or CLT, has the potential to create significant job growth in the Pacific Northwest, according to a study published in July 2017 by Oregon BEST, a Portland-based nonprofit. CLT is made of layers of glued 2-inch-thick...
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!