What is Phoenix Electronic Enterprises?
Phoenix Electronics specializes in the manufacturing of essential electrical components, including cable assemblies, power cords, and custom wiring harnesses. With a legacy spanning over five decades, the company operates three facilities across the United States: New York, Puerto Rico, and New Mexico. As a family-owned and independently operated entity, Phoenix Electronics is dedicated to producing high-quality, American-made products, serving a diverse range of industries that rely on dependable electrical connectivity solutions.
How much funding has Phoenix Electronic Enterprises raised?
Phoenix Electronic Enterprises has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Phoenix Electronic Enterprises?
The substantial late-stage funding indicates Phoenix Electronic Enterprises is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in manufacturing capabilities, potentially broaden market reach, and reinforce its commitment to domestic production. The strategic nature of the recent investment suggests a focus on long-term growth and strengthening its competitive edge in the specialized electrical components market.
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