How Much Did McAllister Tool & Machine Raise?
Funding & Key Investors

McAllister Tool & Machine (MTM) has secured $393K in total financing, with its most recent capital infusion of $243K marking a significant strategic investment. This late-stage funding underscores MTM's established position in the precision manufacturing sector.

What is McAllister Tool & Machine?

McAllister Tool & Machine
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

McAllister Tool & Machine is a distinguished contract manufacturer specializing in the production of high-precision parts and complex assemblies. The company primarily caters to the demanding aerospace and defense industries, while also serving commercial and industrial markets. MTM provides comprehensive, turnkey manufacturing solutions, emphasizing stringent quality control and robust customer support, validated by its dual ISO9001 and AS9100 certifications. Leveraging advanced CNC technology, including 3-, 4-, and 5-axis machining, MTM is adept at producing critical components for military and aerospace applications, consistently aiming for exceptional outcomes for original equipment manufacturers (OEMs) and government contractors.

How much funding has McAllister Tool & Machine raised?

McAllister Tool & Machine has raised a total of $393K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$243K

Debt (2020): $150K with participation from PPP

Debt (2021): $243K led by PPP

Key Investors in McAllister Tool & Machine

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for McAllister Tool & Machine?

The substantial capital raised by McAllister Tool & Machine, particularly the recent strategic investment, positions the company for accelerated growth and enhanced operational capabilities. This financing is expected to fuel further advancements in its precision machining technologies and potentially expand its market reach within the aerospace, defense, and commercial sectors. MTM's focus on high-quality, certified manufacturing suggests a strategic direction towards solidifying its role as a key supplier for complex, high-stakes projects, with future investments likely directed towards capacity expansion and technological innovation to meet evolving industry demands.

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Frequently Asked Questions Regarding McAllister Tool & Machine Financial Insights

What are the most recent funding rounds that McAllister Tool & Machine has completed, and what were the funding rounds?
McAllister Tool & Machine has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 12, 2020.
What is the total amount of funding McAllister Tool & Machine has raised to date?
McAllister Tool & Machine has raised a total of $393K in funding to date.
How many funding rounds has McAllister Tool & Machine completed?
McAllister Tool & Machine has completed 2 funding rounds.
How much funding did McAllister Tool & Machine raise in its most recent funding round?
McAllister Tool & Machine raised $243K in its most recent funding round.
Who are the lead investors in McAllister Tool & Machine's latest funding round?
The lead investor in McAllister Tool & Machine'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 McAllister Tool & Machine's history?
The largest funding round in McAllister Tool & Machine's history was $243K.
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