FoxDen Capital completed a $33m investment in Conveyor Technology.

FoxDen Capital, a single-family office, investing in lower to middle market enterprises, completed a $33m investment in Conveyor Technology, an independent drum motor sales and service center, specializing in electric and hydraulic drum motors. “The launch of our new state-of-the-art manufacturing center marks a bold new chapter for Conveyor Technology. By producing Tech-Roll electric and hydraulic drum motors here in Arkansas, we’re preserving over 20 high-paying jobs, creating a path to more than 100 new ones, and aiming for $54m in annual revenue. We’re grateful to the Arkansas Economic Development Commission and the Governor’s Office for their support and for helping make this vision a reality,” Justin Carmody, Conveyor Technology Founder and CEO.