NRP Jones manufactures hydraulic, industrial, and oilfield hoses, fittings and assemblies for both original equipment manufacturers.
Nephi Rubber Products (NRP) is located in Nephi, Utah, and was originally opened in 1947. Over the years, the principal products manufactured at the Utah facility have been hydraulic hose and large diameter industrial hose. In addition, NRP is a leading manufacturer of high pressure rotary drilling and vibrator hose for land and offshore drill rigs.Until the early 1980s, the majority of NRP's capacity was dedicated to producing private branded hydraulic hose. This marketing strategy provided NRP with high production volume and low name recognition in the market.Jones Enterprise, Incorporated (Jones), located in LaPorte, Indiana, is the sales and marketing arm of its parent company, Screw Machine Products Company (SMP), which was founded by Keith Jones in 1945. Products manufactured by SMP and marketed by Jones are hydraulic fittings, adapters, and screw machine piece parts. Dating back to the early 1950s, SMP began producing two-piece crimp type hydraulic fittings. Since the late 1970s, Jones has been marketing its line of fittings through its own channels of distribution.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Dec 1, 2011 | Series Unknown | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Main Street Capital | — | Series Unknown |