Novatec Revenue and Competitors

Location

N/A

Total Funding

Machinery

Industry

Estimated Revenue & Valuation

  • Novatec's estimated annual revenue is currently $142.5M per year.(i)
  • Novatec's estimated revenue per employee is $441,250

Employee Data

  • Novatec has 323 Employees.(i)
  • Novatec grew their employee count by 2% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$2041.5M41316%N/AN/A
#2
$166.8M3782%N/AN/A
#3
$9M3210%N/AN/A
#4
$78.8M2036%N/AN/A
#5
$13.3M47-8%N/AN/A
#6
$20.3M647%N/AN/A
#7
$13.6M480%N/AN/A
#8
$13.8M49-6%N/AN/A
#9
$106.4M27413%N/AN/A
#10
$5.7M23-8%N/AN/A
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What Is Novatec?

NOVATEC...Drying, Conveying and Blending Systems and Equipment NOVATEC is the largest U.S based manufacturer of resin dryers for the plastics industry and our association with MAGUIRE PRODUCTS makes our business group the largest resin handling manufacturing group in North America. We recognize that reducing energy costs is at the root of making our customers more profitable and NOVATEC is the only company offering all types of resin dryers that are in practical use by plastics processors. These include: Intelli PETâ„¢ Drying Systems for PET NovaWheelâ„¢ Desiccant Wheel Dryers Central Drying Systems NovaDrierâ„¢ Membrane Dryers NovaVac llâ„¢ Vacuum Dryers Infrared Rotary Drum Crystallizer/Dryers for PET Dual Bed Dryers Hot Air Dryers NOVATEC is the sole US integrator of MoistureMaster(TM), an in-line, real-time moisture analysis tool for plastics processors producing parts that must meet stringent physical property or appearance requirements. MoistureMaster can be supplied with any NovaWheel Dryer or retro-fitted to any drying hopper, regardless of brand. We have also built a state-of-the-art Drying Technology Center where we can test the performance of any dryer type against any other dryer type. To compliment our energy-efficient dryers, we have introduced newly developed pneumatic conveying accessories and a family of conveying system controls that meet your needs, whether large or small.

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Total Funding

323

Number of Employees

$142.5M

Revenue (est)

2%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$111M3290%N/A
#2
$133.2M3306%N/A
#3
$112.1M33211%N/A
#4
$76.1M3389%N/A
#5
$106.6M3413%N/A