What is Precision Rebuilders?
Precision Rebuilders operates as a leading remanufacturer, focusing on a diverse range of parts essential for medium and heavy-duty trucks. Their product portfolio includes remanufactured air brake, vacuum, and hydraulic components, all manufactured within their extensive 78,000 square foot facility. The company is committed to delivering products that not only meet but exceed stringent industry standards, backed by a comprehensive one-year warranty. Their primary client base comprises retailers, distributors, and installers who require dependable, high-quality remanufactured heavy-duty parts.
How much funding has Precision Rebuilders raised?
Precision Rebuilders has raised a total of $369K across 2 funding rounds:
Debt
$150K
Debt
$219K
Debt (2020): $150K with participation from PPP
Debt (2021): $219K led by PPP
Key Investors in Precision Rebuilders
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Precision Rebuilders?
The substantial capital infusion, particularly the recent strategic investment, positions Precision Rebuilders for significant expansion and operational enhancement. As a company engaged in large-scale, late-stage funding, the focus is likely on scaling production capabilities, expanding market reach, and potentially exploring new product lines or technological advancements in remanufacturing. This strategic backing suggests confidence from investors in the company's business model and its ability to capture a larger share of the heavy-duty truck parts market. Future developments may include enhanced distribution networks and further product line diversification to meet evolving industry demands.
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