What is Precision Feedscrews?
Precision Feedscrews, Inc. is a specialized manufacturer of new extruder and injection molding feedscrews, serving the plastics and rubber industries. Established in 1986 and based in New Castle, PA, the company also provides essential services including screw rebuilding, re-cuts, and emergency repairs. Their commitment extends to sustainability and ensuring high-quality, tailored solutions for their clientele within the plastics sector.
How much funding has Precision Feedscrews raised?
Precision Feedscrews has raised a total of $437K across 2 funding rounds:
Debt
$150K
Debt
$287K
Debt (2020): $150K with participation from PPP
Debt (2021): $287K led by PPP
What's next for Precision Feedscrews?
The substantial late-stage investment indicates Precision Feedscrews is poised for significant expansion, likely focusing on enhancing manufacturing capabilities, expanding market reach, and potentially developing new product lines or service offerings. This strategic capital infusion will be crucial for solidifying its position in the competitive plastics and rubber manufacturing landscape and driving future innovation.
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