How Much Did Jacksonville Machine Raise?
Funding & Key Investors

Jacksonville Machine, a cornerstone of the Illinois industrial sector, has successfully secured a major strategic investment to bolster its operational capacity. This latest infusion of capital, totaling $500K, represents a significant milestone in the company's long-term financial trajectory. With a cumulative backing of $850K, the firm is well-positioned to enhance its manufacturing footprint and maintain its competitive edge in the precision engineering market.

What is Jacksonville Machine?

Jacksonville Machine
ManufacturingIndustrial Machinery & Equipment

Established in 1919, Jacksonville Machine has evolved from a traditional workshop into a premier state-of-the-art CNC machine shop. The company serves as a critical node in the Midwestern supply chain, offering a comprehensive suite of services including CNC machining, manual machining, welding, grinding, fabrication, and assembly. By maintaining ISO certification and a highly skilled workforce, the organization has solidified its reputation for reliability and technical excellence. Its central location in Illinois allows for efficient logistics and service delivery to a diverse client base, reinforcing its status as a leader in industrial manufacturing services.

How much funding has Jacksonville Machine raised?

Jacksonville Machine has raised a total of $850K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$500K

Debt (2020): $350K with participation from PPP

Debt (2021): $500K led by PPP

Key Investors in Jacksonville Machine

PPP

Public-Private Partnership

What's next for Jacksonville Machine?

The recent capital injection is expected to catalyze the next phase of Jacksonville Machine's growth, likely focusing on the modernization of its equipment fleet and the expansion of its fabrication capabilities. As the company navigates the complexities of the current industrial landscape, this financing provides the necessary liquidity to pursue strategic upgrades that align with evolving ISO standards and client demands. By leveraging this investment, Jacksonville Machine aims to optimize its production workflows, thereby increasing throughput and strengthening its market position as a high-capacity manufacturing partner for enterprise-level clients.

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Frequently Asked Questions Regarding Jacksonville Machine Financial Insights

What are the most recent funding rounds that Jacksonville Machine has completed, and what were the funding rounds?
Jacksonville Machine has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Jacksonville Machine has raised to date?
Jacksonville Machine has raised a total of $850K in funding to date.
How many funding rounds has Jacksonville Machine completed?
Jacksonville Machine has completed 2 funding rounds.
How much funding did Jacksonville Machine raise in its most recent funding round?
Jacksonville Machine raised $500K in its most recent funding round.
Who are the lead investors in Jacksonville Machine's latest funding round?
The lead investor in Jacksonville Machine'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 Jacksonville Machine's history?
The largest funding round in Jacksonville Machine's history was $500K.
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