What is Fulton Tool?
Founded in 1959, Fulton Tool has built a reputation for delivering precision machined parts and comprehensive contract machining services. Despite a significant setback in 2003 due to a facility fire, the company demonstrated remarkable resilience by acquiring a new 35,000 square foot facility and state-of-the-art CNC equipment. Registered with the U. S. Department of Defense, Fulton Tool has a proven track record, having contributed to projects such as the M1 Abrams tank and B-1B bomber. The company's veteran-owned status and its capacity to integrate new equipment based on client needs position it as a reliable partner in demanding industries.
How much funding has Fulton Tool raised?
Fulton Tool has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Fulton Tool
PPP
Public-Private Partnership
What's next for Fulton Tool?
The recent large-scale, late-stage funding infusion positions Fulton Tool for strategic expansion and technological advancement. This capital injection is expected to bolster its capabilities in precision machining and contract services, potentially enabling the acquisition of further advanced equipment or the scaling of operations to meet increasing demand from the military and aerospace sectors. As a veteran-owned small business with a history of overcoming adversity, Fulton Tool is poised to leverage this investment to solidify its market standing and pursue new opportunities in complex manufacturing.
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