What is Engineering Laboratories?
Engineering Laboratories, Inc., based in Oakland, New Jersey, is a distinguished manufacturer with over 80 years of expertise in producing solid precision plastic balls, beads, and custom shapes. The company offers a broad catalog of stocked items crafted from materials such as acrylic, nylon, and polypropylene, alongside bespoke options for size and color. As a family-owned enterprise, Engineering Laboratories is dedicated to pioneering manufacturing techniques and upholding stringent quality standards. Their specialized components serve a variety of sectors, including hobby crafts and fishing lure applications, with a global distribution network.
How much funding has Engineering Laboratories raised?
Engineering Laboratories has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Engineering Laboratories?
The recent large-scale, late-stage funding event signals a pivotal moment for Engineering Laboratories, likely enabling significant operational expansion and market penetration. This strategic investment is expected to fuel advancements in their custom manufacturing capabilities and potentially broaden their product applications into new industrial verticals. The company's long-standing history and commitment to innovation position it for sustained growth and market leadership in the precision plastic components sector.
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