California-based Angeleno Group, an investment firm focused on clean energy and climate solutions companies, recently invested an undisclosed amount in Pen Argyl-based NESTEC, an industrial air pollution control company.
“At NESTEC, our drive has always been to deliver the most effective, reliable and economical air pollution control solutions, not just to meet regulatory requirements, but to genuinely reduce our customers’ environmental footprint and operating costs,” Jim Nester, NESTEC founder and CEO, said. “Our commitment to our customers, employees and vendors is the pillar we built upon to create a respected environmental solutions provider. Working with Angeleno Group will help us expand our platform to bring that mission into new end markets and geographies, from clean energy and semiconductors to waste processing. We see a significant opportunity to bring that same standard of excellence to a much broader set of industries.”
NESTEC will use the funding to expand product development strategies, pursue geographic expansion and expand in existing and new end markets.
The company designs, manufactures, installs and services state and federally regulated air emissions control systems that address volatile organic compounds, hazardous air pollutants, PM 2.5, acid mist emissions and odor control.
NESTEC operates in more than 35 states and Canada.