What is Bless Precision Tool?
Founded in 1980 by Howard P. Bless, Bless Precision Tool began as a modest tool and die shop and has evolved into a second-generation company with national reach. Initially operating from a small garage, the company has undergone several expansions, now occupying an 8,000 sq. ft. facility. Its services encompass production machining (approximately 80% of work), prototyping, jig and fixture fabrication, and tool and die work. Bless Precision Tool is committed to customer satisfaction through dependable quality and on-time delivery, serving a diverse client base across the nation.
How much funding has Bless Precision Tool raised?
Bless Precision Tool has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Bless Precision Tool
PPP
Public-Private Partnership
What's next for Bless Precision Tool?
The substantial late-stage funding positions Bless Precision Tool for significant growth and strategic advancements. This capital infusion is expected to facilitate further modernization of its manufacturing capabilities, potentially expanding its capacity for high-volume production machining and advanced prototyping. The company may also explore opportunities to broaden its service offerings or enter new market segments. This strategic investment is a testament to the company's strong operational foundation and its potential for continued success in the competitive precision tooling industry.
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