What is Precision Tool & Mold?
Precision Tool & Mold Inc. is a woman-owned business founded in 1981, specializing in high-quality plastic injection molding. The company, based in Clearwater, Florida, holds ISO 9001 and ISO 13485 certifications, highlighting its commitment to quality and regulatory compliance. Leveraging cutting-edge technology and a skilled workforce, Precision Tool & Mold offers a range of services including PAD printing, CNC mill production, and assembly, all conducted within the USA. Its operations are supported by a 6 Sigma Lean Certified Quality Department, ensuring efficiency and excellence in every product.
How much funding has Precision Tool & Mold raised?
Precision Tool & Mold has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Precision Tool & Mold
PPP
Public-Private Partnership
What's next for Precision Tool & Mold?
The recent strategic investment of $150K positions Precision Tool & Mold for significant growth and operational enhancement. As a company with a long history and established certifications, this capital infusion is likely to be directed towards expanding production capacity, adopting advanced manufacturing technologies, and potentially broadening its service offerings. The 'large-scale late-stage funding' context indicates a strategic move to capitalize on market opportunities and strengthen its competitive advantage in the precision manufacturing landscape.
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