What is BORIN Manufacturing?
BORIN Manufacturing is a distinguished provider of cathodic protection products, boasting over 45 years of industry experience. The company specializes in innovative solutions such as STELTH, DART, and COMANCHE, engineered for enduring corrosion control. Serving a global clientele across 93 countries, BORIN Manufacturing is recognized for its commitment to quality, rapid response, and comprehensive customer support. Their product portfolio includes customizable reference electrodes and sophisticated monitoring systems tailored for diverse applications, particularly in marine and hydrocarbon-contaminated environments. The company's operational ethos emphasizes swift delivery and robust warranty options, solidifying its reputation for excellence in the field of corrosion prevention.
How much funding has BORIN Manufacturing raised?
BORIN Manufacturing has raised a total of $470K across 2 funding rounds:
Debt
$150K
Debt
$320K
Debt (2020): $150K with participation from PPP
Debt (2021): $320K led by PPP
Key Investors in BORIN Manufacturing
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for BORIN Manufacturing?
The substantial capital infusion, particularly the recent strategic investment, positions BORIN Manufacturing for accelerated expansion and continued innovation in the cathodic protection sector. As a company with a long-standing history and a broad international reach, this late-stage financing is likely to fuel advancements in product development, enhance manufacturing capabilities, and potentially broaden its market penetration. The focus on innovative solutions and customer service suggests a strategic direction aimed at solidifying its leadership in long-term corrosion control, leveraging this significant backing to further its technological edge and global service network.
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