Cornell Capital invests in Lorom
Summary
In addition to its core cable technologies, Lorom also offers plastic injection, stamping, die-casting, printed circuit board assembly and tooling processes, and possesses customized component design and manufacturing capabilities. “With Cornell Capital’s support, I am confident we can build upon our platform as the leading, preferred business partner providing the highest quality cable technologies, while staying true to our culture of entrepreneurial innovation and best-in-class customer service.” Lorom will continue to be led by Mr. Yuan, as well as its current management team. In addition to its core cable technologies, Lorom also offers plastic injection, stamping, die-casting, printed circuit board assembly and tooling processes, and also possesses customized component design and manufacturing capabilities. Its vertically integrated model enables Lorom to provide a one-stop shopping platform for unique, proprietary manufacturing products and services to a blue-chip customer base, including a number of Fortune 500 companies across the automotive, industrial, media, technology and medical sectors. Partnering with strong and entrepreneurial management teams, the firm seeks opportunities in market- leading businesses across the consumer, financial and industrial/business services sectors.