How Much Did Automatic Turning & Machining Raise?
Funding & Key Investors

Automatic Turning & Machining has secured $19K in total funding, with its most recent capital infusion of $19K designated as moderate growth capital. This financing round, occurring on March 31, 2021, signifies a strategic move to bolster the company's expansion efforts within the precision machining sector.

The company's financial trajectory, marked by this recent investment, positions it for continued development and market penetration.

What is Automatic Turning & Machining?

Automatic Turning & Machining
ManufacturingIndustrial Machinery & EquipmentAutomotive Parts

Founded in 1964 and based in Kersey, Pennsylvania, Automatic Turning & Machining, Inc. is a specialized manufacturer of screw machine products and precision-turned metal parts. The company's extensive product catalog includes screws, bolts, nuts, and custom-turned components, fabricated from a diverse array of metals and plastics. Serving local and regional markets, Automatic Turning & Machining is recognized for its commitment to producing dependable, meticulously engineered parts that are critical for the integrity and safety of various end products.

As a member of the Precision Machined Products Association, the company underscores its dedication to maintaining high standards of quality and operational excellence within the competitive screw machine parts industry. Its long-standing history and focus on precision manufacturing establish it as a key player in its niche.

How much funding has Automatic Turning & Machining raised?

Automatic Turning & Machining has raised a total of $19K across 1 funding round:

2021

Debt

$19K

Debt (2021): $19K with participation from PPP

Key Investors in Automatic Turning & Machining

PPP

Public-Private Partnership

What's next for Automatic Turning & Machining?

Operating at a Series A/B growth stage, Automatic Turning & Machining's recent acquisition of moderate growth capital is indicative of a strategic push towards scaling operations and potentially expanding its manufacturing capabilities or market reach. The company's focus on precision machining and its established reputation suggest that future investments will likely be channeled into enhancing production efficiency, adopting advanced manufacturing technologies, or broadening its client base.

The company's continued emphasis on quality and its membership in industry associations signal a commitment to sustainable growth and maintaining its competitive edge. Future developments may involve strategic partnerships or further capital injections to support innovation and solidify its position in the market for turned metal parts.

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Frequently Asked Questions Regarding Automatic Turning & Machining Financial Insights

What are the most recent funding rounds that Automatic Turning & Machining has completed, and what were the funding rounds?
Automatic Turning & Machining has recently completed 1 funding rounds: Debt on Mar 31, 2021.
What is the total amount of funding Automatic Turning & Machining has raised to date?
Automatic Turning & Machining has raised a total of $19K in funding to date.
How many funding rounds has Automatic Turning & Machining completed?
Automatic Turning & Machining has completed 1 funding rounds.
How much funding did Automatic Turning & Machining raise in its most recent funding round?
Automatic Turning & Machining raised $19K in its most recent funding round.
Who are the lead investors in Automatic Turning & Machining's latest funding round?
The lead investor in Automatic Turning & Machining's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Automatic Turning & Machining's history?
The largest funding round in Automatic Turning & Machining's history was $19K.
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