What is EJ Fields Machine Works?
E.J. Fields Machine Works, Inc. operates as a premier machine shop and fabrication facility, with a core specialization in the fabrication and repair of propeller shafting and steering systems. The company employs a workforce of 30 skilled individuals across three distinct divisions, ensuring the delivery of high-quality products and comprehensive support from the initial design phase through to final installation. EJ Fields Machine Works holds both ABS and USCG certifications, affirming its adherence to stringent industry standards and regulatory compliance. Their commitment lies in consistently meeting client requirements and progressively enhancing their operational capabilities to undertake a diverse range of projects.
How much funding has EJ Fields Machine Works raised?
EJ Fields Machine Works has raised a total of $725K across 2 funding rounds:
Debt
$350K
Debt
$375K
Debt (2020): $350K with participation from PPP
Debt (2021): $375K led by PPP
What's next for EJ Fields Machine Works?
The recent major strategic investment in EJ Fields Machine Works signals a pivotal moment for the company, likely enabling further expansion of its specialized fabrication and repair services. This capital infusion is expected to support enhancements in operational capacity, technological upgrades, and potentially the broadening of its market reach. As an ABS and USCG certified entity, the company is well-positioned to leverage this financial backing to solidify its leadership in propeller shafting and steering systems, while exploring new avenues for growth and innovation within the maritime and industrial fabrication sectors.
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