What is LOGIC?
Originally established in 1995 as DCT Packaging Systems, Inc., I*LOGIC, Inc. has evolved from a specialized engineering firm into a multifaceted provider of material handling and industrial packaging solutions. The company maintains a strong market position by delivering turnkey engineering program management, a legacy built upon its foundational work with major automotive manufacturers like Chrysler. As a certified Minority-Owned Business and Women-Owned Business, the firm combines technical expertise with a commitment to diversity, enabling it to meet the stringent requirements of large-scale automotive assembly plant operations. Its core competency lies in the design, build, and implementation of complex systems that optimize production efficiency and logistics flow.
How much funding has LOGIC raised?
LOGIC has raised a total of $355K across 2 funding rounds:
Debt
$150K
Debt
$205K
Debt (2020): $150K with participation from PPP
Debt (2021): $205K led by PPP
Key Investors in LOGIC
PPP
Public-Private Partnership
What's next for LOGIC?
With the successful acquisition of $205K, I*LOGIC, Inc. is well-positioned to scale its operations and refine its technological offerings. The strategic focus will likely center on enhancing its engineering design capabilities to meet the next generation of automotive assembly challenges, including the integration of advanced automation and sustainable material handling practices. By maintaining its status as a trusted partner for major assembly plants, the company is poised to capitalize on the ongoing modernization of the automotive sector. Future growth will likely be driven by the firm's ability to leverage its unique certifications and deep-seated industry relationships to secure larger, more complex contracts in an increasingly competitive global market.
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