What is Applied Plastics Machining?
Established in 1976, Applied Plastics Machining operates as a premier provider of custom plastic and acrylic fabrication services. Headquartered in Portland, Oregon, the company has cultivated a reputation for precision engineering and high-quality material processing. Serving a diverse international clientele across the United States and Canada, the firm specializes in retail displays and industrial-grade plastic components. Their market position is defined by a commitment to technical excellence and collaborative fabrication, ensuring that complex client specifications are met with rigorous quality control standards. As a veteran player in the plastics industry, the company bridges the gap between traditional craftsmanship and modern industrial requirements.
How much funding has Applied Plastics Machining raised?
Applied Plastics Machining has raised a total of $361K across 2 funding rounds:
Debt
$106K
Debt
$255K
Debt (2021): $106K with participation from PPP
Debt (2026): $255K led by Key Bank
Key Investors in Applied Plastics Machining
Key Bank
A prominent financial institution providing comprehensive banking and capital solutions to support corporate growth and industrial development.
PPP
Public-Private Partnership
What's next for Applied Plastics Machining?
With the successful closure of this late-stage capital round, Applied Plastics Machining is well-positioned to scale its production capabilities and enhance its technological infrastructure. The strategic allocation of these funds will likely focus on optimizing supply chain efficiencies and expanding the firm's reach within the competitive industrial plastics market. By prioritizing capital expenditure on advanced machining equipment and process automation, the company aims to maintain its competitive edge while meeting the evolving demands of its global customer base. This financial milestone serves as a catalyst for long-term operational stability and potential market share expansion in the coming fiscal cycles.
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