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
Stora Enso Orders LVL Line From Raute
Stora Enso has ordered the bulk of the machinery for an LVL project planned in Varkaus, Finland from Finnish machinery and plant producer Raute. Raute said that the order had a total volume of about €30m and includes the complete LVL production line with a peeling...
Norbord And Ainsworth Lumber Provide Update On Merger And Closing
Norbord And Ainsworth Lumber Provide Update On Merger And Closing Norbord Inc. and Ainsworth Lumber Co. Ltd. today announced that they have been informed by the Antitrust Division of the United States Department of Justice that it has closed its review of the...
Ainsworth Lumber Shipped More OSB To Asia Last Year
The Canadian OSB manufacturer Ainsworth Lumber Co. has reported another strong growth in its overseas operations, which focus on serving Asian markets, in the 2014 financial year. Shipments to Japan were just shy of the previous year at 224.1m sqft (3/8" basis)....
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!