In the News: Panelist Brian SteketeeMay 2, 2016
From PR Newswire
March 17, 2016
GRAND RAPIDS, Mich., March 17, 2016 /PRNewswire/ — Modustri, the developer of innovative field technologies for heavy equipment and the industrial Internet, has been recognized as one of the 2016 “Michigan 50 Companies to Watch,” an awards program presented by Michigan Celebrates Small Business.
During the past year, Modustri has experienced triple-digit growth, secured strategic investments including an alliance with Caterpillar, attracted new talent to Michigan, quadrupled its staff and expanded its office in downtown Grand Rapids.
The Michigan 50 Companies to Watch Award, sponsored by Michigan Celebrates Small Business, honors growth-oriented businesses, like Modustri, based on market expansion, job creation, technological innovation, and community impact. Nearly 60 companies from across the state, representing a multitude of industries, will be honored at the twelfth annual Michigan Celebrates Small Business event on May 5, 2016, at the Lansing Center in downtown Lansing.
“Modustri is growing quickly, thanks to the productive and collaborative small business ecosystem we have in Michigan,” said Brian Steketee, founder, and CEO of Modustri. “Our strategic alliance with Caterpillar created the need to expand quickly last year, and as our product line continues to expand past heavy equipment, we expect to double our numbers by the end of 2016.”
Through its alliance with Cat®, Modustri is providing technology that helps heavy equipment fleet owners optimize performance. Modustri’s HDE suite of tools has quickly become the leading and most comprehensive mobile inspection solution for measuring wear parts in the field, in many cases, reducing inspection time by up to 50 percent.