What is Custom Product Development?
Custom Product Development Corporation, with over 35 years of experience, specializes in delivering innovative and cost-effective engineered mechanical components and Turn-Key Assembly solutions. The company distinguishes itself by integrating technical design expertise with advanced manufacturing capabilities and robust supply chain control. This comprehensive approach ensures exceptional service delivery within a competitive industrial landscape. Custom Product Development Corporation places a strong emphasis on superior customer service and product quality, fostering a culture of customer loyalty. Their diverse service portfolio includes precision machining, precision sheet metal fabrication, gasket manufacturing, assembly services, engineering support, and other specialized offerings.
How much funding has Custom Product Development raised?
Custom Product Development has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$718K
Debt (2020): $350K with participation from PPP
Debt (2021): $718K led by PPP
Key Investors in Custom Product Development
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Custom Product Development?
The recent major strategic investment indicates a pivotal moment for Custom Product Development Corporation, suggesting a focus on scaling operations, expanding market reach, or enhancing technological capabilities. This infusion of capital, following previous debt financing rounds, points towards a strategic shift towards growth-oriented initiatives. The company is well-positioned to leverage this financial backing to further solidify its market position in the engineered mechanical components and assembly solutions sector, potentially exploring new product development or strategic partnerships to drive future expansion and innovation.
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