How Much Did COMCO Plastics Raise?
Funding & Key Investors

COMCO Plastics has secured significant capital, with a total funding amount of $529K. The company recently received a major strategic investment of $379K, underscoring its established position in the high-performance plastics sector. This latest financing round, dated February 23, 2021, follows a prior debt financing of $150M in April 2020, indicating a consistent need for capital to support its extensive operations and growth initiatives over the past year.

What is COMCO Plastics?

COMCO Plastics
ManufacturingPlastic, Packaging & Containers

COMCO Plastics is a long-standing leader in the fabrication of high-quality, precision-machined high-performance plastics, with over six decades of industry experience. The company serves a diverse range of global industries by leveraging advanced capabilities that include CNC milling, turning, vacuum forming, and assembly fabrication. A key differentiator is their proprietary annealing process, which guarantees superior production quality. COMCO Plastics is renowned for its dedication to excellence, evidenced by an exceptionally low defect rate of under 500 parts per million and a consistent 98% on-time delivery record, making them a trusted partner for complex and dimensionally critical plastic components.

How much funding has COMCO Plastics raised?

COMCO Plastics has raised a total of $529K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$379K

Debt (2020): $150K with participation from PPP

Debt (2021): $379K led by PPP

Key Investors in COMCO Plastics

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

What's next for COMCO Plastics?

The recent major strategic investment suggests COMCO Plastics is poised for significant expansion or operational enhancement. Given its mature lifecycle stage and focus on enterprise-level capital, this financing is likely earmarked for scaling production capacity, investing in advanced manufacturing technologies, or potentially pursuing strategic acquisitions to broaden its market reach or material offerings. The company's strong track record in quality and delivery positions it well to capitalize on this capital infusion for sustained growth and market leadership in the precision plastics fabrication industry.

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Frequently Asked Questions Regarding COMCO Plastics Financial Insights

What are the most recent funding rounds that COMCO Plastics has completed, and what were the funding rounds?
COMCO Plastics has recently completed 2 funding rounds: Debt on Feb 23, 2021, Debt on Apr 11, 2020.
What is the total amount of funding COMCO Plastics has raised to date?
COMCO Plastics has raised a total of $529K in funding to date.
How many funding rounds has COMCO Plastics completed?
COMCO Plastics has completed 2 funding rounds.
How much funding did COMCO Plastics raise in its most recent funding round?
COMCO Plastics raised $379K in its most recent funding round.
Who are the lead investors in COMCO Plastics's latest funding round?
The lead investor in COMCO Plastics'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 COMCO Plastics's history?
The largest funding round in COMCO Plastics's history was $379K.
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