Central Conveyor

Wixom, United States Founded: 1993 • Age: 33 yrs Acquired By U.S. Tsubaki Power Transmission
Automated conveyors and material handling systems are manufactured and supplied.

About Central Conveyor

Central Conveyor is a company based in Wixom (United States) founded in 1993 by Jeff DeBrabander, Jim Schultz, and Kevin Estes was acquired by U.S. Tsubaki Power Transmission in June 2018.. Central Conveyor has completed 1 acquisition, including KCI Inc. Central Conveyor offers products and services including Belt Conveyor, Tsubaki ZIP CHAIN LIFTER, Overhead Power and Free Conveyor, and Parcel Sortation. Central Conveyor operates in a competitive market with competitors including Compass Systems, Vega Conveyors and Automation, NORCAN, BloApCo and Miven Mayfran Conveyors, among others.

  • Headquarter Wixom, United States
  • Founders Jeff DeBrabander, Jim Schultz, Kevin Estes
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Central Conveyor Company
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
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Products & Services of Central Conveyor

Central Conveyor offers a comprehensive portfolio of products and services, including Belt Conveyor, Tsubaki ZIP CHAIN LIFTER, Overhead Power and Free Conveyor, and Parcel Sortation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Transports materials efficiently in industrial settings.

Provides high-speed lifting for various applications.

Handles assembly line movements in manufacturing.

Sorts packages for distribution networks.

People of Central Conveyor
Headcount 200-500
Employee Profiles 13
Employee Profiles
People
Curt Towne
VP
People
Kevin Estes
Chief Operating Officer
People
Kathy Bezenah
Engineering/production Liasion
People
Jarrod Green
Project Coordinator

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Funding Insights of Central Conveyor

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $15.0M
  • First Round

    (01 Dec 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2015 Amount Debt – Conventional - Central Conveyor Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Central Conveyor

Central Conveyor has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Kayne Anderson Capital Advisors, New State Capital Partners and U.S. Tsubaki Power Transmission. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A private equity firm focused on partnerships and investments.
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Central Conveyor

Central Conveyor has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include KCI Inc. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of insulation process equipment
1981
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Central Conveyor

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Central Conveyor Comparisons

Employees
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Competitors of Central Conveyor

Central Conveyor operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Compass Systems, Vega Conveyors and Automation, NORCAN, BloApCo and Miven Mayfran Conveyors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Pneumatic and steel hinged belt material handling solutions are provided.
domain founded_year HQ Location
Material handling and conveying equipment is manufactured for automation needs.
domain founded_year HQ Location
Provider of collaborative robot for material handling
domain founded_year HQ Location
Waste handling and processing systems are manufactured by BloApCo.
domain founded_year HQ Location
Manufactures conveyors and filtration systems for industrial chip and scrap handling.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Central Conveyor

Frequently Asked Questions about Central Conveyor

When was Central Conveyor founded?

Central Conveyor was founded in 1993 and raised its 1st funding round 22 years after it was founded.

Where is Central Conveyor located?

Central Conveyor is headquartered in Wixom, United States. It is registered at Wixom, Michigan, United States.

Who is the current CEO of Central Conveyor?

Rick Wells is the current CEO of Central Conveyor.

What does Central Conveyor do?

Founded in 1993 and based in Wixom, United States, Central Conveyor focuses on the automotive and parcel logistics sectors. Automated material handling and conveyance systems are designed, manufactured, and installed, including belt conveyors, fork transfers, parcel sorting machines, and in-motion scales. System integration, engineering, project management, and maintenance services are also provided to support operations.

Who are the top competitors of Central Conveyor?

Central Conveyor's top competitors include Vega Conveyors and Automation, NORCAN and BloApCo.

What products or services does Central Conveyor offer?

Central Conveyor offers Belt Conveyor, Tsubaki ZIP CHAIN LIFTER, Overhead Power and Free Conveyor, and Parcel Sortation.

How many acquisitions has Central Conveyor made?

Central Conveyor has made 1 acquisition, including KCI Inc.

Who are Central Conveyor's investors?

Central Conveyor has 3 investors. Key investors include Kayne Anderson Capital Advisors, New State Capital Partners, and U.S. Tsubaki Power Transmission.

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