What is Precision Urethane & Machine?
Precision Urethane & Machine, Inc. is a seasoned provider of high-performance elastomer and metal products, boasting over 48 years of industry experience. The company offers comprehensive services, including product development, precision machining, fabrication, and cast urethane production. Catering to both prototype development and high-volume manufacturing needs, Precision Urethane & Machine utilizes versatile polyurethane materials to serve critical sectors such as oil and gas, automotive, and construction, emphasizing innovation and quality.
How much funding has Precision Urethane & Machine raised?
Precision Urethane & Machine has raised a total of $912K across 2 funding rounds:
Debt
$350K
Debt
$562K
Debt (2020): $350K with participation from PPP
Debt (2021): $562K led by PPP
What's next for Precision Urethane & Machine?
The recent major strategic investment signals a phase of potential expansion and technological advancement for Precision Urethane & Machine. Given its extensive operational history and established market presence, this capital infusion is likely to be directed towards enhancing manufacturing capabilities, exploring new material applications, or expanding its service offerings to meet the evolving demands of its industrial client base. The company is well-positioned to leverage this financing for continued growth and to solidify its competitive edge in the elastomer and metal products market.
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