What is Kat Industries?
Kat Industries, Inc. is a fabrication and machine shop based in Oklahoma City, with over 15 years of dedicated service to the oil field industry. Leveraging more than 60 years of collective experience, the company specializes in comprehensive fabrication services, including the assembly of oil rigs, retrofitting existing rigs with advanced systems like top drives and skidding systems, and the custom manufacturing of essential drilling rig components such as mud systems, unitized mud pumps, houses, tanks, and engine packages. Complementing its fabrication expertise, KAT Machine, Inc., also located in Oklahoma City, offers specialized oil field repair services, focusing on complete rebuilds, upgrade installations, and maintenance for equipment like the ST-80 Iron Roughneck, alongside general machining for subs, drill pipes, and tubular services. The company actively engages clients through its online Quote Request form and direct phone contact.
How much funding has Kat Industries raised?
Kat Industries has raised a total of $1.3M across 2 funding rounds:
Debt
$350K
Debt
$932K
Debt (2020): $350K with participation from PPP
Debt (2021): $932K led by PPP
Key Investors in Kat Industries
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Kat Industries?
The recent major strategic investment signifies a pivotal moment for Kat Industries, indicating a phase of accelerated scaling and potential market expansion. This infusion of capital, alongside the overall $1.3M raised, is expected to fuel advancements in their fabrication and repair capabilities, potentially leading to the development of new technologies or the enhancement of existing services for the oil field sector. The company's focus on specialized fabrication and repair positions it to capitalize on industry demands for robust and reliable equipment.
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