What is J & B Machine?
Founded in 1994, J & B Machine has evolved from an engine rebuilding service to a diversified provider of quality machined parts. Under the leadership of Steven Chavez, who acquired the firm in 2015, the company has embraced technological advancements, investing in new software for shop floor management and quality control in 2016. J & B Machine prioritizes face-to-face customer relationships, aiming to develop value-add, turnkey solutions for its mid-size to large Colorado Front Range manufacturing clients. A strict Buy American policy guides its sourcing of materials and equipment, reinforcing a commitment to U.S. manufacturing and supply chain integrity.
How much funding has J & B Machine raised?
J & B Machine has raised a total of $413K across 2 funding rounds:
Debt
$150K
Debt
$263K
Debt (2020): $150K with participation from PPP
Debt (2021): $263K led by PPP
Key Investors in J & B Machine
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for J & B Machine?
The substantial late-stage investment signals J & B Machine's readiness for significant growth and operational scaling. This capital infusion is expected to fuel further diversification into new processes and capabilities, potentially expanding its market reach beyond the Colorado Front Range. The company's focus on nurturing a career-based culture and offering training opportunities suggests a strategic emphasis on workforce development to support its expansion. Furthermore, the commitment to U.S. manufacturing and supply chain resilience positions J & B Machine favorably in an evolving economic landscape, potentially enabling it to capture greater market share by offering reliable, domestically sourced components and services.
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