What is Ohio Hydraulics?
Established in 1944 and incorporated in 1971, Ohio Hydraulics serves as a cornerstone provider of hydraulic hoses, fittings, and tubing. Based in Cincinnati, the organization has cultivated a robust reputation for technical excellence, offering specialized services such as hydraulic component repair, precision tube assembly, and custom fabrication. By catering to a diverse clientele spanning both mobile and industrial sectors, the company maintains a critical role in the regional supply chain, bolstered by value-added services like local pick-up and delivery logistics.
How much funding has Ohio Hydraulics raised?
Ohio Hydraulics has raised a total of $475K across 2 funding rounds:
Debt
$150K
Debt
$325K
Debt (2020): $150K with participation from PPP
Debt (2021): $325K led by PPP
Key Investors in Ohio Hydraulics
PPP
Public-Private Partnership
What's next for Ohio Hydraulics?
With the recent infusion of capital, Ohio Hydraulics is well-positioned to optimize its fabrication facilities and expand its service footprint. The strategic deployment of these funds will likely focus on modernizing assembly capabilities and enhancing the efficiency of its custom fabrication workflows. As the company navigates the complexities of the industrial landscape, this late-stage financing provides the necessary runway to scale operations, invest in advanced hydraulic technologies, and reinforce its commitment to quality service for its established industrial and mobile client base.
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