What is High Tech Chrome Plating?
High Tech Chrome Plating, established in 1988, is a key player in the industrial hard chrome plating market. The company distinguishes itself through a steadfast commitment to quality, service, and delivery. Utilizing exclusive crystal hard chrome for a superior finish and maintaining in-house anode fabrication and OD grinding capabilities, High Tech Chrome Plating ensures comprehensive control over the plating process for both new and repaired components. Their vertical plating process in large tanks (up to 28" diameter and 30' long) combined with guaranteed turnaround times positions them as a reliable partner for industrial clients requiring durable and high-quality chrome plating solutions.
How much funding has High Tech Chrome Plating raised?
High Tech Chrome Plating has raised a total of $341K across 2 funding rounds:
Debt
$150K
Debt
$191K
Debt (2020): $150K with participation from PPP
Debt (2021): $191K led by PPP
What's next for High Tech Chrome Plating?
The substantial late-stage funding indicates High Tech Chrome Plating is poised for significant expansion and operational advancements. This capital infusion is likely to be directed towards enhancing production capacity, adopting new plating technologies, and potentially expanding service offerings to a broader industrial clientele. The strategic investment suggests confidence from backers in the company's proven business model and its capacity to capture greater market share in the specialized industrial coatings sector. Future growth may involve strategic partnerships or acquisitions to further solidify its market leadership.
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