What is LOGIC?
LOGIC, Inc., originally established in 1995 as DCT Packaging Systems, Inc., emerged from a request by Chrysler Corporation for specialized Material Handling Engineering. Leveraging the extensive experience of its parent company, DCT, Inc., in designing and building turnkey weld systems and body shops for automotive assembly plants, LOGIC focused on applying engineering program management to industrial packaging and material handling for the introduction of the Chrysler 300LH vehicle. The company, certified as a Minority Owned Business by the MMBDC and a Women-Owned Business by the WBENC, has consistently adapted to meet the evolving demands of the automotive industry.
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
PPP
Public-Private Partnership
What's next for LOGIC?
With a substantial total funding of $355K and a recent strategic investment of $205K, LOGIC is poised for continued expansion and innovation. The company's history of adapting to market shifts, coupled with its minority and women-owned business certifications, positions it favorably for future growth. This capital infusion will likely support further technological advancements in material handling and packaging solutions, reinforcing its strategic partnerships within the automotive manufacturing ecosystem and potentially exploring new market segments.
See full LOGIC company page
