What is Precision Design & Machine?
Precision Design & Machine, Inc., established in 1958, is a diversified manufacturing and automation firm serving critical industries such as aerospace, automotive, and chemical processing. The company offers a comprehensive suite of services including precision machining, fabrication, and advanced automation solutions, notably as an authorized integrator for Fanuc and Motoman robots. Operating from a substantial 45,000 sq. ft. facility, Precision Design & Machine is adept at custom equipment design and building, underscored by its commitment to timely service delivery. This robust capability makes them a trusted partner for clients across solar, steel, and wood products sectors.
How much funding has Precision Design & Machine raised?
Precision Design & Machine has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Precision Design & Machine
PPP
Public-Private Partnership
What's next for Precision Design & Machine?
The recent strategic investment, coupled with the company's extensive history and broad industry reach, suggests Precision Design & Machine is poised for significant growth and technological advancement. This capital infusion is likely to fuel further development in automation capabilities, expansion of service offerings, and potentially market penetration into new industrial verticals. The company's established infrastructure and expertise in complex projects indicate a strategic focus on scaling operations to meet increasing demand for sophisticated manufacturing and robotic integration solutions.
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