Motion Controls Robotics Enhances Growth Through Strategic Funding
Motion Controls Robotics, Inc., a leader in robotic automation solutions, has recently secured funding from Signature Bank NA. This funding represents a pivotal milestone in MCRI’s growth strategy, designed to expand its capabilities and to provide advanced automation solutions for businesses across key sectors.
Pursuing Acquisition Opportunities
With the newly secured funding, MCRI is actively exploring acquisition opportunities with automation integrators, custom machine builders, and controls engineering firms located primarily in the Eastern U.S. Areas such as Philadelphia and Charlotte are marked as strategic points for potential partnerships. These targeted companies typically specialize in packaging or material handling, and have revenues approaching $10 million.
Value Creation and Service Expansion
The primary objective of these acquisitions is to integrate complementary expertise into MCRI's operations. By partnering with these firms, MCRI aims to broaden its service offerings significantly and create added value for clients who are keen on enhancing their production efficiency.
Leadership Commitment to Innovation
CEO Scott Lang expressed enthusiasm about the funding opportunity, stating, “We are committed to partnering with businesses that share our values and passion for innovation and quality. This funding allows us to grow strategically while forming partnerships that extend beyond acquisitions — together, we can create lasting value and success.”
Support from Signature Bank NA
Josh Schuyler, Senior Vice President of Client Development at Signature Bank NA, shared his perspective on the partnership, noting, “We’re proud to support MCRI in their acquisition strategy. Their impressive growth over the past seven years and their leadership in the robotic automation sector align with our commitment to fostering long-term success. MCRI’s position as a privately held company, without private equity backing, ensures that they can concentrate on sustainable, long-term growth.”
Partnership Opportunities for Businesses
Companies interested in exploring acquisition or partnership opportunities with Motion Controls Robotics, Inc. are encouraged to reach out to MCRI’s development team. Their proactive approach seeks to identify businesses that align with their vision for innovation and quality. By welcoming partnership inquiries, MCRI aims to cultivate growth and enhancement within the industry.
About Motion Controls Robotics, Inc.
Founded in 1995, Motion Controls Robotics, Inc. is an exclusive FANUC Authorized Servicing Integrator situated in Fremont, Ohio. With a sprawling facility of over 90,000 square feet and a talented workforce of over 70 employees, MCRI is committed to delivering comprehensive, vertically integrated automation solutions across a spectrum of industries. Their expertise spans food and beverage, consumer goods, medical, pharmaceutical, and construction materials.
Frequently Asked Questions
What is the purpose of the funding secured by Motion Controls Robotics?
The funding is aimed at expanding MCRI’s growth strategy and enabling strategic acquisitions to enhance its automation capabilities.
Which companies is MCRI targeting for acquisition?
MCRI is looking to acquire automation integrators, custom machine builders, and controls engineering firms particularly in the Eastern U.S.
What industries does Motion Controls Robotics serve?
MCRI serves multiple industries, including food and beverage, consumer goods, medical, pharmaceutical, and construction materials.
Who is the CEO of Motion Controls Robotics?
Scott Lang is the CEO and sole owner of Motion Controls Robotics, Inc.
How long has Motion Controls Robotics been in operation?
MCRI has been operating since 1995, establishing itself as a leader in robotic automation solutions.
