Maxpro Technologies

Maxpro Technologies began as a two-person operation in 1995. The company has experienced solid sales growth throughout the last sixteen years. Maxpro is a manufacturer of and distributor of liquid pumps, gas boosters, air amplifiers high pressure valves, fittings, and tubing for the U.S., Canada, and Mexico. 

The company sells to a wide variety of industries such as onshore/offshore oil and gas markets, automotive, aerospace, and food processing. As new efforts to save energy are getting higher visibility, companies can look to Maxpro to achieve lower cost solutions to efficiently obtain higher pressure capacity. 
 
In 2011, Maxpro made the decision to purchase new equipment that would allow them to take on new customers and diversify their offerings even further. The company’ CFO, Eileen Flanagan, contacted the Gannon SBDC at the request of lenders to have financial forecasts prepared to submit in the proposal. 
 
The Gannon University Small Business Development Center (SBDC) worked with Maxpro to prepare financial projections as well as a financial analysis which showed management how their margins and ratios compared to others in the same industry. These forecasts also helped to determine if the company’s line of credit was sufficient to cover the expanded customer base.
 
The client’s total loan proposal of $600,000 was approved and they have already installed the new equipment and added several full-time, good paying jobs to the 16 positions at the beginning of the year. 
 
Maxpro has plans to continue to expand and add jobs to our local economy and will seek the assistance of the Gannon SBDC.