What is Precision Assembly?
Precision Assembly is a specialized electronics manufacturer providing a comprehensive suite of services, including printed circuit assembly, box-build, and electro-mechanical/industrial assembly. The company serves a broad spectrum of industries, encompassing medical, dental, education, transportation, law enforcement, industrial, mining, and farming. By managing the entire process from materials procurement to the delivery of finished goods, Precision Assembly positions itself as a vital strategic partner for businesses requiring intricate assembly solutions, leveraging its experienced team to deliver substantial value.
How much funding has Precision Assembly raised?
Precision Assembly has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Precision Assembly?
The recent large-scale, late-stage funding indicates Precision Assembly is poised for significant growth and operational scaling. This capital infusion is likely to be directed towards enhancing manufacturing capabilities, expanding market reach into new industrial verticals, and potentially investing in advanced automation or R&D to maintain its competitive edge. The strategic nature of the investment suggests a focus on long-term partnership and synergistic development within the supply chain.
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