What is IPS Assembly?
Founded in 2014 by industry veterans Perry and Ishvar Sutariya, IPS Assembly Corporation operates as a specialized Electronics Contract Manufacturer. Leveraging over three decades of collective expertise in printed circuit board (PCB) manufacturing, the company has carved out a robust market position. Its 42,000-square-foot facility in Livonia, Michigan, serves as the hub for high-output assembly lines, enabling the firm to manage a diverse portfolio ranging from rapid prototyping to high-volume industrial production. By maintaining a focus on precision and scalability, IPS Assembly has become a critical partner for organizations requiring reliable, domestic electronics manufacturing solutions.
How much funding has IPS Assembly raised?
IPS Assembly has raised a total of $142K across 1 funding round:
Debt
$142K
Debt (2021): $142K with participation from PPP
Key Investors in IPS Assembly
PPP
Public-Private Partnership
What's next for IPS Assembly?
With the infusion of this latest capital, IPS Assembly is poised to transition into a more aggressive growth phase. The strategic allocation of these funds will likely focus on enhancing automation within their existing assembly lines and expanding capacity to meet the rising demand for domestic electronics production. As the company navigates the complexities of the global supply chain, this late-stage backing provides the financial stability required to invest in advanced manufacturing technologies and potentially broaden its service offerings. The focus remains on maintaining operational excellence while scaling to accommodate larger enterprise-level contracts, ensuring that IPS Assembly remains a competitive force in the North American manufacturing landscape.
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