What is MCM Engineering II?
With 25 years of experience, MCM Engineering II specializes in the design and manufacturing of custom medium voltage (601 Volts to 38,000 Volts) and low voltage (480V) switchgear. Their product lines comply with stringent ANSI standards and include standard switchgear lineups, paralleling switchgear, marine skids, substations, integrated power stations, utility metering, and severe environment switchgear. MCM Engineering II serves a diverse client base across military, industrial, commercial, and utility sectors, differentiating itself through faster lead times and greater flexibility compared to major manufacturers. The company emphasizes conservative design principles, utilizing copper for all bus work and sizing at 1000A per square inch, while also integrating SCADA and auto-transfer systems per customer specifications.
How much funding has MCM Engineering II raised?
MCM Engineering II has raised a total of $856K across 2 funding rounds:
Debt
$350K
Debt
$506K
Debt (2020): $350K with participation from PPP
Debt (2021): $506K led by PPP
What's next for MCM Engineering II?
The recent major strategic investment indicates MCM Engineering II is poised for significant growth and operational enhancement. This capital infusion is likely to support expanded manufacturing capabilities, technological advancements in switchgear design, and potentially broader market penetration. Given the company's established track record and diverse application base, this strategic backing will enable MCM Engineering II to further solidify its competitive edge in providing customized, high-quality switchgear solutions to a wide array of industries, potentially exploring new markets or enhancing its custom fabrication services.
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