What is James Tool Machine & Engineering, Inc?
Founded over 25 years ago, James Tool Machine & Engineering, Inc. is a North Carolina-based precision machining and assembly services provider. Operating from multiple facilities totaling over 100,000 sq. ft., the company specializes in high-quality, precision parts for a global clientele. Its commitment to superior craftsmanship and customer service, established by founder James "Bud" Toner, remains the cornerstone of its operations. The company holds ISO 9001-2008 and AS9100 (Aerospace) certifications, highlighting its capability to meet stringent industry standards. With a team of over 120 skilled employees and utilization of advanced technologies including CAD (SolidWorks®) and CAM (MasterCam®), James Tool Machine & Engineering, Inc. has continuously expanded its capacity to serve diverse customer needs in precision machining.
How much funding has James Tool Machine & Engineering, Inc raised?
James Tool Machine & Engineering, Inc has raised a total of $2.3M across 2 funding rounds:
Debt
$1M
Debt
$1.3M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.3M led by PPP
Key Investors in James Tool Machine & Engineering, Inc
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for James Tool Machine & Engineering, Inc?
The recent major strategic investment signals a pivotal phase for James Tool Machine & Engineering, Inc., likely aimed at further expanding its operational capacity, enhancing technological capabilities, or pursuing new market opportunities within the aerospace and general precision machining sectors. This capital infusion is expected to bolster its competitive edge and support its long-term growth strategy, building upon its legacy of quality and customer focus.
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