How Much Did Addison Machine Engineering Raise?
Funding & Key Investors

Addison Machine Engineering has secured $948K in total capital, with its most recent financing round bringing in $598K through a major strategic investment. This significant backing underscores the company's established position in the industrial manufacturing sector, particularly its focus on providing tailored solutions for tubular and roll forming producers.

What is Addison Machine Engineering?

Addison Machine Engineering
ManufacturingIndustrial Machinery & Equipment

Addison Machine Engineering, Inc. is a seasoned provider of specialized solutions for tubular and roll forming producers, addressing their unique production line requirements. The company's expertise spans high-frequency and TIG mill systems, roll tooling, and comprehensive reconditioning services. For over six decades, Addison has been a trusted partner to clients within the tube and pipe industry, dedicated to enhancing production efficiency and resolving complex manufacturing challenges through custom-engineered production lines and components.

How much funding has Addison Machine Engineering raised?

Addison Machine Engineering has raised a total of $948K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$598K

Debt (2020): $350K with participation from PPP

Debt (2021): $598K led by PPP

What's next for Addison Machine Engineering?

The recent major strategic investment signals a period of potential expansion and technological advancement for Addison Machine Engineering. This capital infusion is likely to fuel further innovation in their mill systems and tooling solutions, reinforcing their competitive edge in serving the demanding tubular and roll forming markets. The company's long-standing commitment to problem-solving and production enhancement positions it for continued growth and leadership within its specialized industrial niche.

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Frequently Asked Questions Regarding Addison Machine Engineering Financial Insights

What are the most recent funding rounds that Addison Machine Engineering has completed, and what were the funding rounds?
Addison Machine Engineering has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Addison Machine Engineering has raised to date?
Addison Machine Engineering has raised a total of $948K in funding to date.
How many funding rounds has Addison Machine Engineering completed?
Addison Machine Engineering has completed 2 funding rounds.
How much funding did Addison Machine Engineering raise in its most recent funding round?
Addison Machine Engineering raised $598K in its most recent funding round.
Who are the lead investors in Addison Machine Engineering's latest funding round?
The lead investor in Addison Machine Engineering's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Addison Machine Engineering's history?
The largest funding round in Addison Machine Engineering's history was $598K.
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