What is Cardinal Scale?
Founded in 1900 and headquartered in Webb City, Missouri, Cardinal Scale is a prominent manufacturer and marketer of a comprehensive range of weighing products and systems. The company's extensive product portfolio includes specialized scales for various applications, such as baker dough, bench, counting, floor, hanging, ingredient, livestock, mail, overhead track, portable, portion, price computing, railroad track, hopper, top-loading dial, and truck scales. This broad offering positions Cardinal Scale as a key player in the industrial and commercial weighing solutions market, catering to diverse industry needs.
How much funding has Cardinal Scale raised?
Cardinal Scale has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for Cardinal Scale?
The recent major strategic investment signals a pivotal moment for Cardinal Scale, suggesting a focus on enhancing its market position and potentially expanding its operational capabilities or product development. With a history spanning over a century, this latest backing indicates continued confidence in the company's business model and its capacity for future growth and innovation in the weighing technology sector. The enterprise-level funding context implies a strategic move towards scaling operations or solidifying its leadership in the market.
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