What is Cincinnati Precision Instruments?
Founded in 1962, Cincinnati Precision Instruments Inc. is a leading full-line sales, repair, and calibration facility for precision measuring equipment and dimensional test instruments. It has established itself as the largest calibration laboratory in the tri-state area, serving a diverse range of manufacturers and organizations reliant on accurate measurement and equipment dependability. The company's services are underpinned by ISO 17025:2005 accreditation through A2LA and ISO 9001:2008 certification, ensuring NIST-traceable calibration standards. Cincinnati Precision Instruments prioritizes speed and convenience, offering standard calibration in five days or less and providing on-site calibration and gage certification services to minimize customer downtime. Their comprehensive outsourced gage calibration and repair management program allows clients to concentrate on core operations while the company manages equipment maintenance and support.
How much funding has Cincinnati Precision Instruments raised?
Cincinnati Precision Instruments has raised a total of $570K across 2 funding rounds:
Debt
$150K
Debt
$420K
Debt (2020): $150K with participation from PPP
Debt (2021): $420K led by PPP
What's next for Cincinnati Precision Instruments?
The recent major strategic investment in Cincinnati Precision Instruments suggests a focus on expanding its service capabilities, potentially through technological upgrades or broader market reach. Given its long history and established reputation, this capital infusion is likely aimed at reinforcing its competitive edge in the metrology services market. The company's commitment to rapid turnaround times and comprehensive, traceable calibration services positions it well for continued success. Future growth may involve enhancing its on-site service offerings or developing new digital solutions for equipment management, further solidifying its role as a trusted partner for organizations requiring precise measurement solutions.
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