What is APE?
Automatic Production Equipment, Inc., operating under the name APE, is a seasoned full-service screw machine company with over 43 years of experience serving the machine industry. The company provides a comprehensive suite of services, including technical support, rebuilding programs, field service, and repair parts, underscoring a deep commitment to operational excellence. APE is an authorized distributor for original equipment manufacturer (OEM) replacement parts from prominent brands such as Brown & Sharpe, Davenport, and Lipe. Furthermore, they offer refurbished equipment and preventative maintenance programs, catering to businesses requiring machinery repair, parts, and expert technical assistance.
How much funding has APE raised?
APE has raised a total of $77K across 1 funding round:
Debt
$77K
Debt (2021): $77K with participation from PPP
Key Investors in APE
PPP
Public-Private Partnership
What's next for APE?
The recent influx of substantial expansion capital positions APE for strategic growth and operational enhancement. As the company navigates its significant Series B/C stage, this investment is expected to fuel advancements in its service offerings, potentially expanding its market reach and reinforcing its position as a key player in the machine industry. Future developments may include scaling its technical support infrastructure, enhancing its inventory of OEM parts, and potentially investing in new equipment refurbishment capabilities to meet evolving client demands.
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