Innovative Tool

Industrial Machinery & Equipment · Michigan, United States · 11-50 Employees

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Overview

Headquarters

28195 Kehrig St, Chesterfield, Michigan,...

Phone Number

(586) 415-9600

Revenue

$5.4 Million

Industry

Industrial Machinery & Equipment Manufacturing
ZI Rank: 1
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About Innovative Tool

Innovative Tool, Inc. is a manufacturer specializing in prototype and short-run production stampings, plastic injection/blow molds, and CNC machining services. The company serves various industries including automotive, aerospace, and military by providing tooling, molds, fixtures, and components. Their offerings also include robotic welding, laser welding, and inspection services. Innovative Tool, Inc. focuses on cutting and forming diverse materials to meet the specific needs of their clients.Explore more
Innovative Tool's Social MediaPopular SearchesInnovative Tool IncInnovative Tools IncInnovative Lease LLCInnovative Tool Concepts IncaspxInnovative Tool International IncSIC Code 35,359NAICS Code 33,332Show more

Innovative Tool Org Chart

PhoneEmail
DJ
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President

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BR
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President

PhoneEmail

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Innovative Tool

$5.4M
11-50
Private
<$5M
2003
$7.2M
11-50
Private
-
1995
ND
Nishith DoshiManaging Director
$7.1M
11-50
Private
-
2005
N/A
$5.7M
11-50
Private
<$5M
1977
RK
Robert KlingerShipping and Receiving Specialist
$5.6M
11-50
Private
-
2013
<$5M
1-10
Private
-
2002
N/A
<$5M
1-10
Private
-
1971
LB
Louis BooyensIT & Process Planner
Illustration of an envelope

Company Profile Activity

i

Among all Manufacturing companies

Low Activity

High Activity

Activity Insights

Innovative Tool is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

Innovative Tool is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Innovative Tool.

Innovative Tool financials insights

Gather financial insights about Innovative Tool, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2020

Debt

$350K

2021

Debt

$449K

See All Innovative Tool's Financials Insights

Innovative Tool Tech Stack

A closer look at the technologies used by Innovative Tool

Most Recent Scoops

New Hire
Executive Move
Innovative Tool has announced that Marcus Kunz has joined the organization as Chief Product Officer.
Executive Moves, New Hire
Funding
Innovative Tool has received an SBA PPP loan in the amount of $449,400 from The Huntington National Bank resulting in the retention of 28 jobs.
Funding
Innovative Tool has received an SBA PPP loan for $350,000-1 million from The Huntington National Bank, supporting the retention of 29 jobs.
Funding
See more scoops

Top Industrial Machinery & Equipment Companies

Frequently Asked Questions Regarding Innovative Tool

What is Innovative Tool's official website?
Innovative Tool's official website is www.innovativetoolinc.com
What is Innovative Tool's Revenue?
Innovative Tool's revenue is $5.4 Million
What is Innovative Tool's SIC code?
Innovative Tool's SIC: 35,359
What is Innovative Tool's NAICS code?
Innovative Tool's NAICS: 33,332
How many employees does Innovative Tool have?
Innovative Tool has 11-50 employees
What industry does Innovative Tool belong to?
Innovative Tool is in the industry of: Industrial Machinery & Equipment, Manufacturing
What is Innovative Tool competition?
Innovative Tool top competitors include: Klarm Prototyping, EMD, Roberson Machine, K-B Tool & Die
What companies has Innovative Tool acquired?
Innovative Tool has acquired the companies: iTOOLco
What technology does Innovative Tool use?
Some of the popular technologies that Innovative Tool uses are: Microsoft IIS, WordPress.org, PHP, Proofpoint
How do I contact Innovative Tool?
Innovative Tool contact info: Phone number: (586) 415-9600 Website: www.innovativetoolinc.com
What does Innovative Tool do?

Innovative Tool, Inc. is a manufacturer specializing in prototype and short-run production stampings, plastic injection/blow molds, and CNC machining services. The company serves various industries including automotive, aerospace, and military by providing tooling, molds, fixtures, and components. Their offerings also include robotic welding, laser... welding, and inspection services. Innovative Tool, Inc. focuses on cutting and forming diverse materials to meet the specific needs of their clients.Read More

What are Innovative Tool social media links?
Innovative Tool Linkedin page Innovative Tool Twitter page
Who invested in Innovative Tool?
Innovative Tool has 2 investors including PPP and PPP.
Is Innovative Tool a public company?
Innovative Tool is private company therefore does not currently have an official ticker symbol
See more information about Innovative Tool

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