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
Georgia-Pacific To Sell Engineered Lumber Business To Boise Cascade
Georgia-Pacific LLC announced today that it has reached an agreement to sell its engineered lumber business to Boise Cascade for $215 million, including working capital. The transaction is subject to standard regulatory review and other customary closing conditions....
Gepaz, Campbell Lock Horns
Good Earth Power AZ and its former restoration contractor, Campbell Global, have filed lawsuits against each other for alleged breach of contracts concerning work on the 4FRI (Four Forest Restoration Initiative). 4FRI is the Forest Service project to restore/thin...
Weyco, Plum Creek Will Own 13 Million Acres
Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment Trust) with more than 13 million acres of...
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!