What is Mid-States Tool & Machine?
Mid-States Tool & Machine is a specialized provider of molds and tooling essential for thermoplastic, elastomer, and liquid silicone rubber molding applications. The company's expertise spans across critical industries including automotive, aerospace, oil and gas, electronics, medical, and consumer products. By integrating advanced measurement and control technologies, Mid-States Tool & Machine upholds world-class quality standards, ensuring consistent delivery of superior results, all while maintaining an ISO9001:2015 registered quality management system.
How much funding has Mid-States Tool & Machine raised?
Mid-States Tool & Machine has raised a total of $434K across 2 funding rounds:
Debt
$150K
Debt
$284K
Debt (2020): $150K with participation from PPP
Debt (2021): $284K led by PPP
What's next for Mid-States Tool & Machine?
The substantial large-scale, late-stage funding indicates Mid-States Tool & Machine is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in manufacturing capabilities, potentially through the acquisition of new technologies or the scaling of production capacity to meet growing market demands. The strategic nature of the recent investment suggests a focus on solidifying market leadership and exploring new avenues for growth within its diverse industry verticals.
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