Magnus Textile Gets Cash Infusion
TRSA associate member Magnus Textile, Chelmsford, MA, a textile manufacturer, importer and distributor to the hospitality and healthcare industries, recently announced that it has closed a round of financing from LaunchCapital, the venture capital arm of the multibillion-dollar Pritzker/Vlock family office. The round of financing will support product development and Magnus Textile’s nationwide expansion, according to a news release.