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
Starwood Orders Thin-Board Plant
Turkish wood-based materials manufacturer Starwood has ordered its second thin-board plant for the production of thin MDF/HDF to be built near Inegöl. The new plant is designed to run at 2,000 mm/s. The core of the scope of supply is the…
Bamboo Mill Gains Steam
Resource Fiber, a leader in efforts to manufacture commercial bamboo products, plans to establish its first full-scale production plant in Sulligent, Ala. Resource Fiber plans to invest $3.6 million in the Lamar County facility, where it will produce engineered…
Collins Appoints TJ Rosengarth As President & CEO
Collins has appointed TJ Rosengarth as President & CEO. Rosengarth succeeds Eric Schooler and assumed responsibilities on February 15. Rosengarth is well known for his extensive…
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!