What is Precision Engineering?
Precision Engineering is a specialized firm providing a comprehensive suite of civil, geotechnical, and surveying services. Catering to infrastructure, utilities, and development projects primarily across Kentucky and Tennessee, the company leverages advanced technologies such as GPS and robotic surveying, alongside sophisticated subsurface investigation and high-accuracy soil testing. With a legacy of over 50 years of combined experience, Precision Engineering is recognized for delivering practical, constructible solutions and responsive support, guiding projects from initial planning through to final construction.
How much funding has Precision Engineering raised?
Precision Engineering has raised a total of $118K across 1 funding round:
Debt
$118K
Debt (2021): $118K with participation from PPP
Key Investors in Precision Engineering
PPP
Public-Private Partnership
What's next for Precision Engineering?
The recent major strategic investment signals Precision Engineering's readiness for accelerated growth and potential market consolidation. This capital infusion is likely to fuel advancements in their technological capabilities, expansion into new geographic markets, and the enhancement of their service offerings. As a company operating in a sector critical to economic development, this backing positions Precision Engineering to undertake larger-scale projects and further solidify its reputation as a dependable engineering partner.
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