What is Precision Tool & Mold?
Established in 1981, Precision Tool & Mold has evolved into a cornerstone of the Clearwater, Florida manufacturing landscape. As a woman-owned enterprise, the firm distinguishes itself through a rigorous adherence to ISO 9001 and ISO 13485 quality management systems, ensuring that its output meets the stringent requirements of the medical and industrial sectors. The company's core competencies span a comprehensive suite of services, including advanced plastic injection molding, CNC mill production, PAD printing, and complex assembly. By integrating 6 Sigma Lean methodologies into its quality control processes, Precision Tool & Mold maintains a competitive edge, delivering precision-engineered components that serve as critical elements in modern supply chains. Their dedication to domestic manufacturing remains a primary driver of their operational philosophy.
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?
With the recent influx of capital, Precision Tool & Mold is poised to accelerate its strategic growth initiatives. The company is expected to focus on scaling its manufacturing capacity and upgrading its technological infrastructure to further enhance production efficiency. By optimizing its CNC and injection molding capabilities, the firm aims to capture a larger share of the high-precision component market. Furthermore, the investment provides the necessary liquidity to bolster its 6 Sigma Lean initiatives, ensuring that the company remains at the forefront of quality assurance and operational excellence. As the manufacturing sector continues to prioritize domestic resilience, Precision Tool & Mold is strategically aligned to capitalize on these macro-economic trends, driving long-term value for its stakeholders and clients alike.
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