Wednesday, October 22, 2008

Advanced Modern Technologies Gets Investment

Los Angeles-based Advanced Modern Technologies (AMTC), a manufacturer and distributor of automatic washroom fixtures, said Tuesday that it has received an equity investment from a private investment group. Amount of the funding was not disclosed. According to the company, the group includes George Patrick Murphy, former President and CEO of Technical Concepts, who will join the firm's board of directors and serve as an advisor to the firm. AMTC's products are targeted at the commercial, institutional and industrial washroom market. More information »