What is Actco Tool & Manufacturing?
Actco Tool & Manufacturing Company, established in 1966, is a veteran-founded and woman-owned business specializing in precision-engineered machining tools and accessories. The company serves a diverse range of industries, including aerospace, automotive, medical, and construction, by offering high-quality, custom close-tolerance components. Actco's commitment to excellence is validated by its ISO 9001:2015 and AS9100D certifications, alongside its reputation for on-time delivery and competitive pricing. Their advanced manufacturing capabilities include CNC machining, electrical discharge machining, and 3D printing, positioning them as a reliable partner for complex manufacturing needs.
How much funding has Actco Tool & Manufacturing raised?
Actco Tool & Manufacturing has raised a total of $378K across 2 funding rounds:
Debt
$150K
Debt
$228K
Debt (2020): $150K with participation from PPP
Debt (2021): $228K led by PPP
Key Investors in Actco Tool & Manufacturing
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Actco Tool & Manufacturing?
With substantial backing and a recent strategic investment, Actco Tool & Manufacturing is poised for continued expansion and technological advancement. The company's late-stage funding context suggests a focus on scaling operations, potentially through increased production capacity, further R&D into advanced manufacturing techniques, or strategic acquisitions. This capital infusion will likely enable Actco to solidify its market leadership, enhance its service offerings, and pursue new opportunities within its key industrial sectors, reinforcing its commitment to providing cutting-edge manufacturing solutions.
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