What is DB Precision?
Established in 1985, D.B. Precision Inc. operates as an international oilfield equipment machine shop based in Houston, Texas. The company's core specialization lies in the precise manufacturing of OEM replacement parts and custom components tailored for the oilfield industry. By leveraging advanced equipment and high-quality materials, DB Precision commits to delivering competitive pricing and a 100% quality guarantee. Their operational focus is on serving a global clientele, providing bespoke solutions to address the diverse and evolving needs within the oilfield sector.
How much funding has DB Precision raised?
DB Precision has raised a total of $118K across 1 funding round:
Debt
$118K
Debt (2021): $118K with participation from PPP
What's next for DB Precision?
With the recent influx of capital from a large-scale, late-stage funding round, DB Precision is strategically positioned for accelerated growth and enhanced operational capabilities. This substantial investment, characterized as a major strategic investment, suggests a focus on expanding manufacturing capacity, technological advancements, or market penetration. The company's trajectory indicates a commitment to solidifying its role as a key supplier of precision-engineered components within the global oilfield equipment market, likely aiming to capitalize on current industry demands and future opportunities.
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