What is Cp Precision?
Established in 1996, CP Precision specializes in the manufacturing of high-quality custom screw machined components. The company serves a broad spectrum of industries, producing parts with diameters ranging from .020 to 1.00 inches and maintaining tight tolerances of +/- .0005. Utilizing advanced CNC and Swiss Cam machinery, CP Precision is dedicated to offering competitive pricing, efficient lead times, and robust customer support, complemented by value-added services designed to optimize production processes. Key sectors benefiting from their precision components include dental, fluid and power, and connector industries.
How much funding has Cp Precision raised?
Cp Precision has raised a total of $367K across 1 funding round:
Debt
$367K
Debt (2021): $367K with participation from PPP
Key Investors in Cp Precision
PPP
Public-Private Partnership
What's next for Cp Precision?
The substantial capital backing CP Precision, particularly the recent strategic investment, positions the company for accelerated scaling and potential market consolidation. As a late-stage entity, this financing is likely earmarked for enhancing manufacturing capabilities, expanding operational capacity, and potentially exploring new market segments or technological advancements in precision machining. The company's focus on quality, competitive lead times, and customer support, combined with this significant financial injection, suggests a trajectory aimed at solidifying its leadership in the custom component supply chain.
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