What is Premold?
Premold Corp specializes in Reaction Injection Molding (RIM) services, focusing on custom low-volume polyurethane parts. With extensive experience spanning four decades, the company serves a diverse range of industries, notably medical and laboratory instruments, where it produces molded housings, bezels, and skins. Operating from facilities in Oconomowoc, WI, and Monterrey, Mexico, Premold is recognized as North America's largest supplier of world-class RIM. Their comprehensive service offerings include tool making, prototyping, short-run production, and various finishing options, positioning them as a key player in specialized manufacturing.
How much funding has Premold raised?
Premold has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Premold?
The substantial capital infusion, indicated by the $350K total funding and the recent $350K strategic investment, positions Premold for significant advancements. This late-stage funding is likely to support enhanced production capabilities, technological innovation in RIM processes, and potential market penetration into new sectors or geographical regions. The company's focus on high-value industries like medical and laboratory instruments suggests a strategic direction towards further specialization and premium service offerings, leveraging their established expertise and scale.
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