What is QUALITY ELECTRICAL SYSTEMS?
Established in 1993 as a division of QED Electric, QUALITY ELECTRICAL SYSTEMS initially focused on packaging control products. Over the subsequent decade, it evolved into a leading systems integrator within its markets. The company expanded its capabilities to include full CNC metal fabrication and the manufacturing of UL-listed custom electrical enclosures. In 2007, QUALITY ELECTRICAL SYSTEMS became an independent corporation, moving to a 25,000 sqft facility that was quickly outgrown. By 2012, the company had expanded its manufacturing space to 65,000 sqft, enhancing its capacity to produce a wide array of custom electrical products for global distribution.
How much funding has QUALITY ELECTRICAL SYSTEMS raised?
QUALITY ELECTRICAL SYSTEMS has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for QUALITY ELECTRICAL SYSTEMS?
The recent major strategic investment positions QUALITY ELECTRICAL SYSTEMS for accelerated expansion and technological advancement. This capital infusion is expected to bolster its manufacturing capabilities, potentially enabling further facility upgrades or the acquisition of advanced fabrication equipment. The company is likely to leverage this financing to enhance its market penetration, explore new product development, and solidify its standing as a premier provider of custom electrical solutions on a worldwide scale. The enterprise-level nature of the funding suggests a focus on sustainable, long-term growth and operational excellence.
See full QUALITY ELECTRICAL SYSTEMS company page
