What is Plateco?
Plateco is a second-generation, family-owned business with a 40-year legacy in zinc plating production. Founded in 1974, the company has grown from a small operation to a substantial facility exceeding 75,000 sq. ft. in Reedsburg, Wisconsin, employing over 90 individuals. Plateco is recognized for its commitment to high-quality zinc plating services, complemented by efficient pick-up and delivery options, ensuring excellent product turnaround times for its clientele.
How much funding has Plateco raised?
Plateco has raised a total of $939K across 2 funding rounds:
Debt
$350K
Debt
$589K
Debt (2020): $350K with participation from PPP
Debt (2021): $589K led by PPP
Key Investors in Plateco
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Plateco?
The recent major strategic investment signals a new phase of growth and development for Plateco. This capital infusion is likely to support operational enhancements, potential market expansion, or technological upgrades, further solidifying its competitive edge in the specialized zinc plating sector. The company's long-standing history and family-driven leadership suggest a strategic approach to leveraging this financing for sustained success and continued service excellence.
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