What is Flathers Precision?
Flathers Precision Inc. is a distinguished entity in the precision machining sector, boasting over three decades of expertise. The company specializes in advanced CNC machining, with a particular focus on nickel alloys essential for demanding glass-metal seal applications. Their comprehensive service portfolio includes CNC milling, turning, and swiss-screw machine work, adeptly handling both prototype development and large-scale production runs. Flathers Precision serves a diverse array of critical industries, including medical, commercial, aerospace, and defense, reinforcing its commitment to superior quality and ongoing operational enhancements. The company also offers light assembly services and is pursuing ISO & AS9100 certifications, indicating a strategic push towards higher industry standards and broader market penetration.
How much funding has Flathers Precision raised?
Flathers Precision has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Flathers Precision?
The substantial capital infusion, particularly the recent strategic investment, positions Flathers Precision for significant advancements. With a focus on late-stage funding, the company is likely to leverage this capital for expanding its operational capacity, investing in advanced machining technologies, and potentially broadening its service offerings. The pursuit of ISO & AS9100 certifications suggests a strategic intent to capture larger contracts within the aerospace and defense sectors, where such accreditations are often prerequisites. This financial backing is expected to fuel innovation, enhance market competitiveness, and solidify Flathers Precision's role as a key supplier in high-precision manufacturing.
See full Flathers Precision company page
