AVG Automation is an American group of companies that specializes in the design and manufacture of electronic products for industrial automation controls. With a focus on innovation and cost-effectiveness, AVG has been in operation since 1975 and has introduced over 500 new products, holding an impressive 20+ patents with 15 new ones pending. The company's extensive hardware, firmware, and software design capabilities, based in Illinois and Iowa, have contributed to a significant installed base of over $1 billion in Fortune 500 companies including Ford, GM, P&G, Abbot, Miller, and IBM.
Operating within the consumer electronics and manufacturing industries, AVG Automation prides itself on being vertically integrated and emphasizes the direct sale of its products at competitive prices. This approach reflects the company's commitment to offering exceptional value to its customers.
Given AVG Automation's established presence and proven track record with major industry players, it presents an intriguing opportunity for venture capital firms seeking investment prospects in the industrial automation space. The company's depth of experience, impressive client roster, and ongoing commitment to innovation position it as a compelling prospect for potential investment.