How Much Did Broome Welding & Machine Raise?
Funding & Key Investors

Broome Welding & Machine has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. This latest infusion of capital, totaling $350K, underscores the firm's enduring relevance in the heavy industrial sector. With a cumulative financial backing of $350K, the company is well-positioned to leverage its long-standing reputation for precision engineering and structural fabrication to capture additional market share in an increasingly competitive landscape.

What is Broome Welding & Machine?

Broome Welding & Machine
ConstructionConstruction ManagementArchitecture, Engineering & Design

Established in 1976, Broome Welding & Machine has evolved into a cornerstone of the fabrication and restoration industry. The firm distinguishes itself through a comprehensive service suite that encompasses certified welding across all alloy types, ornamental and structural fabrication, and complex pipe fabrication. By integrating design and drafting capabilities with a workforce possessing over two centuries of combined technical expertise, the company maintains a high barrier to entry in the specialized manufacturing market. Their commitment to craftsmanship has solidified their status as a preferred partner for large-scale infrastructure and industrial projects requiring rigorous quality standards.

How much funding has Broome Welding & Machine raised?

Broome Welding & Machine has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Broome Welding & Machine

PPP

Public-Private Partnership

What's next for Broome Welding & Machine?

The recent influx of capital is expected to catalyze the next phase of the company's growth, likely focusing on the modernization of fabrication facilities and the expansion of their technical service offerings. As the firm transitions through this late-stage funding cycle, management will likely prioritize operational efficiencies and the scaling of their design-to-installation workflow. By reinforcing their core competencies in structural and ornamental metalwork, Broome Welding & Machine is poised to address the rising demand for high-quality industrial components, ensuring long-term sustainability and continued leadership within the domestic manufacturing ecosystem.

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Frequently Asked Questions Regarding Broome Welding & Machine Financial Insights

What are the most recent funding rounds that Broome Welding & Machine has completed, and what were the funding rounds?
Broome Welding & Machine has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Broome Welding & Machine has raised to date?
Broome Welding & Machine has raised a total of $350K in funding to date.
How many funding rounds has Broome Welding & Machine completed?
Broome Welding & Machine has completed 1 funding rounds.
How much funding did Broome Welding & Machine raise in its most recent funding round?
Broome Welding & Machine raised $350K in its most recent funding round.
Who are the lead investors in Broome Welding & Machine's latest funding round?
The lead investor in Broome Welding & Machine'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 Broome Welding & Machine's history?
The largest funding round in Broome Welding & Machine's history was $350K.
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