What is Frederick's Machine & Tool Shop?
Frederick's Machine & Tool Shop, Inc. is a second-generation, family-owned enterprise with a legacy dating back to 1965. The company operates from an expansive 60,000 square foot facility situated on 6 acres of land in New Iberia, Louisiana, strategically located near the Acadiana Regional Airport. This robust infrastructure supports its operations in the manufacturing and industrial services sector, serving a critical role in the regional economy.
How much funding has Frederick's Machine & Tool Shop raised?
Frederick's Machine & Tool Shop has raised a total of $1.4M across 2 funding rounds:
Debt
$350K
Debt
$1.1M
Debt (2020): $350K with participation from PPP
Debt (2021): $1.1M led by PPP
What's next for Frederick's Machine & Tool Shop?
The recent major strategic investment into Frederick's Machine & Tool Shop signals a pivotal moment for the company. This capital infusion is expected to fuel further operational enhancements, potential market expansion, and technological advancements. As a long-standing family business, this strategic financing will likely enable the company to solidify its competitive advantage and explore new avenues for growth, reinforcing its position as a key industrial player in Louisiana.
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