What is Reliable Industries?
Reliable Industries, Inc., based in New Orleans, Louisiana, is a seasoned provider of engines, components, and parts, serving the Mining, Marine, Construction, and Power Generation industries for nearly three decades. The company specializes in solutions for equipment powered by Cummins, Komatsu, Cat, and Detroit Diesel, alongside offering marine gears, generator sets, and bespoke power solutions. With a 100,000 square foot filter warehouse, one of the largest in the U.S., Reliable Industries maintains an extensive inventory of leading filter brands. The company's global reach extends to over 1100 customers across 40 countries, demonstrating its capacity for international logistics and service delivery.
How much funding has Reliable Industries raised?
Reliable Industries has raised a total of $878K across 2 funding rounds:
Debt
$350K
Debt
$528K
Debt (2020): $350K with participation from PPP
Debt (2021): $528K led by PPP
Key Investors in Reliable Industries
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Reliable Industries?
The recent major strategic investment positions Reliable Industries for continued growth and operational enhancement. This capital infusion is expected to bolster its global supply chain capabilities and potentially expand its service offerings to its diverse international clientele. The company's focus on critical industrial sectors suggests a trajectory aimed at solidifying its role as a key supplier of essential equipment and parts worldwide.
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