What is Prototype & Production?
Prototype & Production Co., Inc. is a custom manufacturer established in 1977, specializing in precision hardware. The company offers high-quality CNC machined components and assemblies, including CNC milling, turning, surface grinding, and prototype development. Serving industries such as aerospace and industrial applications, Prototype & Production emphasizes on-time delivery, product accuracy, and exceptional customer service from its state-of-the-art facility in Wheeling, IL. They are equipped for both short and long run productions and maintain ISO 9001:2015 certification.
How much funding has Prototype & Production raised?
Prototype & Production has raised a total of $650K across 2 funding rounds:
Debt
$350K
Debt
$300K
Debt (2020): $350K with participation from PPP
Debt (2021): $300K led by PPP
Key Investors in Prototype & Production
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Prototype & Production?
The recent major strategic investment indicates a phase of scaling or significant operational expansion for Prototype & Production. This capital will likely be directed towards enhancing manufacturing capabilities, expanding market reach, or potentially investing in new technologies to maintain its competitive edge in precision hardware manufacturing. The company's long history and commitment to quality suggest a focus on sustainable growth and solidifying its position within its target industries.
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