How Much Did General Engineering Raise?
Funding & Key Investors

General Engineering, a specialist in custom-designed hydraulic cylinders, has secured $2.4M in total capital, with its most recent financing round bringing in $1.4M through a major strategic investment. This significant backing underscores the company's established position in the industrial manufacturing sector and its ongoing growth trajectory. The company's history includes two debt financing rounds, totaling over $2.4 billion in debt, with the latest occurring on March 31, 2021.

What is General Engineering?

General Engineering
ManufacturingPlastic, Packaging & ContainersIndustrial Machinery & Equipment

General Engineering Company has carved a niche in the industrial market by providing custom-designed hydraulic cylinders tailored for unique applications. With over 65 years of experience, the company prides itself on delivering reliable, high-quality products on time and within budget, serving industry professionals who require precision engineering. Their commitment to excellent customer service and deep industry knowledge ensures that each cylinder meets the highest standards, making them a trusted partner for complex hydraulic solutions.

How much funding has General Engineering raised?

General Engineering has raised a total of $2.4M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.4M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.4M led by PPP

What's next for General Engineering?

The recent major strategic investment, alongside substantial prior debt financing, positions General Engineering for continued expansion and operational enhancement. This enterprise-level capital infusion is likely to fuel advancements in product development, manufacturing capabilities, and market reach. As a company with a long-standing reputation for quality and reliability in custom hydraulic cylinder design, General Engineering is poised to leverage this financial backing to solidify its leadership in specialized industrial components and potentially explore new market segments or technological innovations.

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Frequently Asked Questions Regarding General Engineering Financial Insights

What are the most recent funding rounds that General Engineering has completed, and what were the funding rounds?
General Engineering has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on Apr 9, 2020.
What is the total amount of funding General Engineering has raised to date?
General Engineering has raised a total of $2.4M in funding to date.
How many funding rounds has General Engineering completed?
General Engineering has completed 2 funding rounds.
How much funding did General Engineering raise in its most recent funding round?
General Engineering raised $1.4M in its most recent funding round.
Who are the lead investors in General Engineering's latest funding round?
The lead investor in General Engineering'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 General Engineering's history?
The largest funding round in General Engineering's history was $1.4M.
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