What is Modern Plating?
Modern Plating Co. Inc., a family-owned enterprise established in 1964 and based in Tulsa, OK, is a specialized provider of metal plating and electroplating services. The company offers a comprehensive suite of coatings, including electroless nickel, anodize, chemical film, passivate, silver, tin, and zinc. Serving a diverse industrial base that spans oil and gas, electrical, automotive, and engineering sectors, Modern Plating handles projects ranging from large-scale industrial applications to intricate single-part requirements. Their operational model emphasizes quality, rapid turnaround times of 3-5 days, and competitive pricing, fostering strong client relationships through consistent excellence.
How much funding has Modern Plating raised?
Modern Plating has raised a total of $117K across 1 funding round:
Debt
$117K
Debt (2021): $117K with participation from PPP
Key Investors in Modern Plating
PPP
Public-Private Partnership
What's next for Modern Plating?
The recent large-scale, late-stage funding infusion positions Modern Plating for strategic advancement. This capital injection is likely to fuel enhancements in operational capacity, technological upgrades, and potentially market reach. Given the company's long-standing history and diverse industry service, this investment suggests a focus on scaling existing operations to meet growing demand and solidifying its competitive edge in the specialized metal finishing market. Future developments may include expanding service offerings or investing in advanced plating technologies to maintain its leadership.
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