What is American Precision Spring?
Established in 1979, American Precision Spring Corporation has evolved into a cornerstone of the precision engineering market. The company specializes in the design and fabrication of custom torsion, compression, and extension springs, alongside complex metal components. Serving high-stakes sectors such as aerospace, medical equipment, and advanced computing, the firm maintains a reputation for rapid prototyping and rigorous quality control. Its ability to integrate into the supply chains of global technology leaders positions it as a vital infrastructure partner in the modern manufacturing ecosystem.
How much funding has American Precision Spring raised?
American Precision Spring has raised a total of $430K across 2 funding rounds:
Debt
$150K
Debt
$280K
Debt (2020): $150K with participation from PPP
Debt (2021): $280K led by PPP
Key Investors in American Precision Spring
PPP
Public-Private Partnership
What's next for American Precision Spring?
With this recent influx of capital, American Precision Spring is well-positioned to scale its production capabilities and further optimize its manufacturing throughput. The strategic focus will likely shift toward enhancing automated production lines and expanding its footprint in the aerospace and medical device markets. As the company navigates the complexities of late-stage growth, the emphasis remains on maintaining the high-velocity delivery standards that have defined its four-decade history, ensuring it remains the preferred supplier for mission-critical hardware components.
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