How Much Did LOR-TECH Plastics Raise?
Funding & Key Investors

LOR-TECH Plastics has secured $13K in total financing, with a recent capital infusion of $13K. This funding round, characterized as moderate growth capital, positions the company to further its expansion efforts in the custom plastic injection molding and additive manufacturing sectors. The company's current lifecycle stage suggests a strategic push for scaling operations and market penetration.

What is LOR-TECH Plastics?

LOR-TECH Plastics
ManufacturingPlastic, Packaging & Containers

LOR-TECH Plastics, LLC is a specialized provider of custom plastic injection molding and additive manufacturing solutions. With over 25 years of industry experience, the company caters to a broad spectrum of demanding sectors, including Medical, Aerospace, Consumer Products, Military, Automotive, and Electronics. Their expertise spans the production of intricate components for applications in recycling, connectors, promotions, communications, and electrical systems, utilizing materials such as ABS, polystyrene, and nylon. LOR-TECH Plastics is recognized for its commitment to delivering high-quality, bespoke solutions tailored to precise client requirements.

How much funding has LOR-TECH Plastics raised?

LOR-TECH Plastics has raised a total of $13K across 1 funding round:

2021

Debt

$13K

Debt (2021): $13K with participation from PPP

Key Investors in LOR-TECH Plastics

PPP

Public-Private Partnership

What's next for LOR-TECH Plastics?

The recent capital injection signifies a pivotal moment for LOR-TECH Plastics, enabling strategic investments in advanced manufacturing technologies and capacity expansion. This backing is expected to fuel the company's growth trajectory, allowing it to enhance its service offerings and solidify its market position within the competitive custom plastics industry. Future developments will likely focus on leveraging this financing to drive innovation, optimize production processes, and potentially explore new market segments or strategic partnerships to further its business objectives.

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Frequently Asked Questions Regarding LOR-TECH Plastics Financial Insights

What are the most recent funding rounds that LOR-TECH Plastics has completed, and what were the funding rounds?
LOR-TECH Plastics has recently completed 1 funding rounds: Debt on Mar 26, 2021.
What is the total amount of funding LOR-TECH Plastics has raised to date?
LOR-TECH Plastics has raised a total of $13K in funding to date.
How many funding rounds has LOR-TECH Plastics completed?
LOR-TECH Plastics has completed 1 funding rounds.
How much funding did LOR-TECH Plastics raise in its most recent funding round?
LOR-TECH Plastics raised $13K in its most recent funding round.
Who are the lead investors in LOR-TECH Plastics's latest funding round?
The lead investor in LOR-TECH Plastics's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in LOR-TECH Plastics's history?
The largest funding round in LOR-TECH Plastics's history was $13K.
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