What is Lok-Mor?
Established in 1982 and headquartered in Mansfield, Texas, Lok-Mor, Inc. is a dedicated manufacturer of custom locknuts, offering a diverse portfolio of over 20 distinct types. The company prides itself on maintaining high-quality standards through in-house manufacturing and rigorous testing. Lok-Mor's product range encompasses both prevailing-torque and free-spinning locknuts, alongside bespoke fastener manufacturing services. Their primary client base spans critical industries including oil and gas, heavy equipment, shipbuilding, and original equipment manufacturers (OEMs), highlighting the essential nature of their specialized components.
How much funding has Lok-Mor raised?
Lok-Mor has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Lok-Mor
PPP
Public-Private Partnership
What's next for Lok-Mor?
With the recent infusion of capital, Lok-Mor is poised for further expansion and operational enhancement. The large-scale, late-stage funding suggests a strategic focus on scaling production, potentially expanding market reach, or investing in advanced manufacturing technologies. This investment will likely enable Lok-Mor to solidify its competitive advantage in serving demanding industrial sectors, reinforcing its role as a key supplier of high-quality custom fasteners. Future developments may include broader product line integration or strategic partnerships to enhance service offerings.
See full Lok-Mor company page
