How Much Did EJ Fields Machine Works Raise?
Funding & Key Investors

EJ Fields Machine Works has secured $725K in total capital, with its most recent funding round bringing in $375K through a major strategic investment on March 26, 2021. This significant financial backing underscores the company's established presence and growth trajectory within its specialized industrial sector.

What is EJ Fields Machine Works?

EJ Fields Machine Works
ManufacturingIndustrial Machinery & EquipmentConsumer Services

E.J. Fields Machine Works, Inc. operates as a premier machine shop and fabrication facility, with a core specialization in the intricate fabrication and repair of propeller shafting and steering systems. Employing 30 skilled professionals across three distinct divisions, the company is recognized for delivering high-quality products and comprehensive support, spanning the entire project lifecycle from initial design through to final installation. EJ Fields Machine Works holds both ABS and USCG certifications, affirming its adherence to stringent industry standards and regulatory compliance. The company's commitment to meeting diverse customer requirements and its continuous efforts to expand its operational capabilities position it as a reliable partner for a wide array of complex projects.

How much funding has EJ Fields Machine Works raised?

EJ Fields Machine Works has raised a total of $725K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$375K

Debt (2020): $350K with participation from PPP

Debt (2021): $375K led by PPP

Key Investors in EJ Fields Machine Works

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for EJ Fields Machine Works?

The recent major strategic investment, alongside the company's overall capital infusion, signals a phase of significant expansion and capability enhancement for EJ Fields Machine Works. This enterprise-level funding is likely to fuel advancements in its fabrication technologies, potentially broaden its service offerings, and strengthen its market position in specialized marine and industrial systems. The company's focus on ABS and USCG certified work suggests a strategic direction towards securing larger, more complex contracts, possibly involving infrastructure or defense sectors. Future growth may involve scaling operations to meet increased demand, investing in advanced manufacturing equipment, and further developing its skilled workforce to maintain its competitive edge.

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Frequently Asked Questions Regarding EJ Fields Machine Works Financial Insights

What are the most recent funding rounds that EJ Fields Machine Works has completed, and what were the funding rounds?
EJ Fields Machine Works has recently completed 2 funding rounds: Debt on Mar 26, 2021, Debt on Apr 27, 2020.
What is the total amount of funding EJ Fields Machine Works has raised to date?
EJ Fields Machine Works has raised a total of $725K in funding to date.
How many funding rounds has EJ Fields Machine Works completed?
EJ Fields Machine Works has completed 2 funding rounds.
How much funding did EJ Fields Machine Works raise in its most recent funding round?
EJ Fields Machine Works raised $375K in its most recent funding round.
Who are the lead investors in EJ Fields Machine Works's latest funding round?
The lead investor in EJ Fields Machine Works's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in EJ Fields Machine Works's history?
The largest funding round in EJ Fields Machine Works's history was $375K.
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