What is High Precision?
Operating as a specialized provider of advanced contract manufacturing and engineering services, High Precision delivers critical solutions including CNC machining, injection molding, and precision assembly. The firm distinguishes itself through ITAR certification and a comprehensive suite of proprietary products, such as pneumatic and hydraulic tools and sophisticated motion control systems. These offerings are engineered for high-demand environments, providing essential support for complex infrastructure such as oil rig maintenance and refinery operations. By focusing on tailored contract management, the company effectively optimizes supply chain efficiency and inventory reduction for its industrial clientele.
How much funding has High Precision raised?
High Precision has raised a total of $313K across 2 funding rounds:
Debt
$150K
Debt
$163K
Debt (2020): $150K with participation from PPP
Debt (2021): $163K led by PPP
Key Investors in High Precision
PPP
Public-Private Partnership
What's next for High Precision?
With this late-stage capital, High Precision is well-positioned to scale its manufacturing infrastructure and deepen its penetration into specialized industrial markets. The strategic deployment of these funds will likely focus on enhancing production throughput and refining its motion control technology portfolio. As the company navigates the complexities of global supply chains, the focus remains on maintaining rigorous quality standards while scaling operations to meet the increasing demand for precision-engineered components in the energy and manufacturing sectors. Future growth will be driven by the integration of advanced automation and the expansion of its contract management service offerings.
See full High Precision company page
