What is ASM Precision?
Headquartered in Rohnert Park, California, ASM Precision operates as a high-precision sheet metal fabrication facility. The company leverages over five decades of industry expertise to provide comprehensive manufacturing solutions, including CNC machining, powder coating, and silk screening. By maintaining a 25,000-square-foot facility that is ISO 9001 compliant, the firm serves a diverse clientele ranging from local North Bay businesses to national audio-video and retail fixture providers. Their commitment to state-of-the-art machinery and efficient production workflows has established them as a reliable partner for both low-volume prototyping and high-volume industrial production runs.
How much funding has ASM Precision raised?
ASM Precision has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in ASM Precision
PPP
Public-Private Partnership
What's next for ASM Precision?
The infusion of capital marks a pivotal transition for ASM Precision as it moves to solidify its market share in the late-stage growth phase. Management is expected to prioritize the modernization of its production floor, potentially integrating advanced automation to further optimize lead times and precision standards. By deepening its investment in high-end manufacturing technology, the company aims to capture additional demand within the specialized retail display and audio-video sectors. This strategic move not only reinforces their existing operational footprint but also provides the necessary liquidity to navigate supply chain complexities and maintain their competitive edge in the broader California industrial ecosystem.
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