Forney

Addison, United States Founded: 1927 • Age: 99 yrs Acquired By Washington Post
Industrial automation systems are designed and manufactured by Forney.
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About Forney

Forney was founded in 1927 and is headquartered in Addison, United States. Industrial automation systems are designed and manufactured by the company for various applications in the manufacturing sector. Operations are centered on providing reliable automation solutions, including control systems and components, to support industrial processes. The companys online presence is maintained through forneycorp.com, serving clients primarily in North America.

  • Headquarter Addison, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Forney Corporation
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Washington Post

    (Jul 18, 2013)

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People of Forney
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Tom Demrick
CEO

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Funding Insights of Forney

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

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Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Forney

Forney has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Washington Post. 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.

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Institutional
Investor Description Founded Year Domain Location
Online news, opinion articles, and multimedia content are delivered.
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 Forney

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

Financial Statements - Forney

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

Forney Comparisons

Employees
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Competitors of Forney

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 Forney

Frequently Asked Questions about Forney

When was Forney founded?

Forney was founded in 1927.

Where is Forney located?

Forney is headquartered in Addison, United States. It is registered at Addison, Texas, United States.

What does Forney do?

Forney was founded in 1927 and is headquartered in Addison, United States. Industrial automation systems are designed and manufactured by the company for various applications in the manufacturing sector. Operations are centered on providing reliable automation solutions, including control systems and components, to support industrial processes. The companys online presence is maintained through forneycorp.com, serving clients primarily in North America.

Who are Forney's investors?

Forney has 1 investor. Key investors include Washington Post.

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