What is Plas-Tech Engineering?
Based in Lake Geneva, Wisconsin, Plas-Tech Engineering operates as a specialized manufacturer serving the medical device, biopharmaceutical, and biotechnology sectors. The company distinguishes itself through the production of intricate plastic parts and high-precision molds, utilizing advanced injection molding processes and medical-grade materials. With ISO 13485 certification and FDA registration, the firm provides a comprehensive suite of services, including early design involvement for manufacturability and assembly, as well as Class 6-8 clean room manufacturing. Their market position is defined by a focus on engineering excellence and cost-optimized production for complex pharmaceutical delivery and packaging systems.
How much funding has Plas-Tech Engineering raised?
Plas-Tech Engineering has raised a total of $825K across 2 funding rounds:
Debt
$350K
Debt
$475K
Debt (2020): $350K with participation from PPP
Debt (2021): $475K led by PPP
Key Investors in Plas-Tech Engineering
PPP
Public-Private Partnership
What's next for Plas-Tech Engineering?
Looking ahead, the strategic deployment of the $475K investment will likely focus on scaling clean room capacity and integrating next-generation tooling technologies. As the medical device industry faces increasing pressure for rapid innovation and stringent regulatory compliance, Plas-Tech Engineering is poised to leverage its design-for-manufacturability expertise to capture additional market share. Future growth initiatives will likely prioritize the expansion of material processing capabilities and the optimization of supply chain logistics to better serve global biopharmaceutical clients. By maintaining its focus on high-engineered components, the company is set to remain a vital partner for firms navigating the complexities of modern medical product development.
See full Plas-Tech Engineering company page
