What is Automatic Precision?
Established in 1976, Automatic Precision, Inc. is dedicated to producing Swiss precision turned components. The company operates from a fully documented, ISO 9001:2008 certified facility, leveraging state-of-the-art technology to meet stringent client requirements. Their commitment to quality assurance, on-time performance, and continuous improvement positions them as a reliable supplier for businesses requiring high-precision parts. The company's focus on customer satisfaction is a cornerstone of their operational philosophy, supported by a specialized CNC Swiss division.
How much funding has Automatic Precision raised?
Automatic Precision has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Automatic Precision?
The recent strategic investment, characterized as a major financing event within a large-scale late-stage funding context, suggests Automatic Precision is poised for significant operational expansion or technological advancement. This capital infusion is likely to bolster their manufacturing capabilities, enhance their market reach, and potentially drive innovation in precision component production. The company's adherence to ISO 9001 standards indicates a strong foundation for scaling operations and maintaining quality as they grow.
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