What is American Precision Electronics?
Based in Carol Stream, Illinois, American Precision Electronics operates as a specialized contract manufacturer with a primary focus on printed circuit board (PCB) assembly and comprehensive electronic manufacturing services. The firm distinguishes itself through rigorous quality standards, holding both AS9100D and ISO 9001:2015 certifications. Their service portfolio extends beyond simple assembly to include manufacturability analysis, fulfillment, and quality control, positioning them as a critical partner for enterprises requiring high-reliability electronic components. By integrating advanced production technologies, the company addresses the growing demand for precision-engineered hardware in an increasingly automated industrial sector.
How much funding has American Precision Electronics raised?
American Precision Electronics has raised a total of $864K across 2 funding rounds:
Debt
$350K
Debt
$514K
Debt (2020): $350K with participation from PPP
Debt (2021): $514K led by PPP
Key Investors in American Precision Electronics
PPP
Public-Private Partnership
What's next for American Precision Electronics?
With the recent capital deployment, American Precision Electronics is well-positioned to enhance its facility throughput and expand its technological footprint. The strategic focus will likely shift toward optimizing supply chain resilience and adopting next-generation manufacturing automation to meet the evolving needs of its client base. As the company navigates the complexities of the current manufacturing environment, this influx of financing provides the necessary liquidity to pursue long-term operational efficiencies and maintain its status as a high-quality manufacturing partner in the North American market.
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