What is Action-Plastics?
Action-Plastics is a seasoned supplier specializing in a diverse array of soft plastic fishing lures. Established twenty-seven years ago by entrepreneur and lure designer Kelly Reynolds, the company has built a reputation for producing fish-catching lures. Action-Plastics consistently introduces new products, meticulously designed to meet specific market demands, and utilizes only the finest plastics. Their commitment to quality and consistency is evident across their extensive product line, which features a wide variety of styles and colors appealing to both saltwater and freshwater anglers. The company's reach has historically extended globally, from the USA to Europe, the Middle East, and Japan, underscoring its established presence and product appeal since its inception.
How much funding has Action-Plastics raised?
Action-Plastics has raised a total of $84K across 1 funding round:
Debt
$84K
Debt (2021): $84K with participation from PPP
What's next for Action-Plastics?
With the recent influx of substantial expansion capital, Action-Plastics is poised for a new phase of strategic development and market penetration. This significant Series B/C stage funding is likely earmarked for enhancing manufacturing capabilities, expanding distribution networks, and potentially investing in research and development for next-generation lure designs. The company's long-standing commitment to quality and innovation, coupled with its global market experience, provides a strong foundation for leveraging this investment to capture greater market share and solidify its position as a leading provider of soft plastic fishing lures.
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