Capital Acquired to Increase Capability
December 31, 1969 |Estimated reading time: Less than a minute
LaGRANGE, Ohio - In an effort to aggressively maintain and pursue market share in the Midwest, as well as to create increased capacity for continued customer needs, Inservco Inc., a CM serving the low- to medium-volume marketplace, established a strategic affiliation with MCM Capital Partners L.P., Cleveland. Inservco reportedly is ranked as one of the top 100 CMs in the United States, and this venture is designed to give the company opportunity for continued innovations in the industry.
The CM market`s yearly growth rate of 25 percent (see chart) is not projected to slow anytime soon. According to the company, Inservco is focused on being at the forefront of the industry, and this venture will allow the company to continue this philosophy while using the expertise of its current managers and staff.
CM market forecast through 2003 (courtesy of IPC).