What is Criterion Tool & Die?
Criterion Tool & Die operates as a precision machine shop, specializing in advanced CNC Milling, Turning, and Swiss Turning. The company is committed to delivering components with exacting tolerances, often to +/- .0002, serving critical industries such as medical, aerospace, electronics, and commercial markets. With over 132 years of combined technical expertise, Criterion's machinists are adept at resolving complex machining challenges, from prototype development through to full-scale production. Their manufacturing processes are certified to ISO 9001 and ISO 13485 standards and comply with Good Manufacturing Practices (GMP), ensuring high-quality output for their partners.
How much funding has Criterion Tool & Die raised?
Criterion Tool & Die has raised a total of $720K across 2 funding rounds:
Debt
$350K
Debt
$370K
Debt (2020): $350K with participation from PPP
Debt (2021): $370K led by PPP
Key Investors in Criterion Tool & Die
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Criterion Tool & Die?
The recent major strategic investment indicates a phase of significant growth and operational scaling for Criterion Tool & Die. This capital infusion is likely to be directed towards enhancing manufacturing capabilities, expanding technological infrastructure, and potentially broadening market reach within the high-precision component sector. The company's focus on stringent quality certifications and its long-standing expertise position it for continued success and leadership in demanding industries.
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