What is Precise Machine & Manufacturing?
Established in 1985, Precise Machine & Manufacturing is a distinguished producer of high-quality products for the methane and oil field industry, operating through its partner company, Iron Mule Products. Beyond its specialized offerings, the company possesses extensive experience in fulfilling diverse machining requirements for a broad spectrum of national and international clients. This dual focus highlights its adaptability and robust manufacturing capabilities within the industrial sector.
How much funding has Precise Machine & Manufacturing raised?
Precise Machine & Manufacturing has raised a total of $793K across 2 funding rounds:
Debt
$350K
Debt
$443K
Debt (2020): $350K with participation from PPP
Debt (2021): $443K led by PPP
What's next for Precise Machine & Manufacturing?
The recent major strategic investment signals a pivotal moment for Precise Machine & Manufacturing, likely enabling the company to enhance its production capacity, explore new market segments, or upgrade its technological infrastructure. Given its history of debt financing and the 'enterprise-level funding' context, this capital infusion is expected to fortify its operational backbone and support sustained growth in the competitive oil field and general manufacturing industries. The company is well-positioned to leverage this backing for further market penetration and product development.
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