What is Quality Inspection & Testing?
Quality Inspection & Testing, Inc. is a prominent provider of Non-Destructive and Destructive Testing services, catering to the oil & gas and petrochemical industries. Founded in 2001 and headquartered in New Iberia, Louisiana, the company offers a comprehensive suite of services. These include advanced techniques such as Radiographic Testing, Ultrasonic Testing, Magnetic Particle Testing, Liquid Penetrant Testing, Positive Material Identification, and Eddy Current Testing. Additionally, they provide specialized services like Hardness Testing, Leak Testing, Pad Eye Pull Testing, and comprehensive welding inspection services, including AWS-Certified Welding Inspectors and API 510, 570, and 653 Inspectors. The company also plays a crucial role in qualifications for welding procedures and welders, alongside offering NDT training and essential onsite services like PWHT/Stress Relieving and Preheat/Post Weld Heat Treatment.
How much funding has Quality Inspection & Testing raised?
Quality Inspection & Testing has raised a total of $577K across 2 funding rounds:
Debt
$150K
Debt
$427K
Debt (2020): $150K with participation from PPP
Debt (2021): $427K led by PPP
What's next for Quality Inspection & Testing?
The recent major strategic investment signals a new phase of growth for Quality Inspection & Testing, Inc. This substantial backing is expected to fuel the company's strategic initiatives, potentially involving the expansion of its service offerings, enhancement of its technological capabilities, or broader market penetration. Given the company's established expertise in critical inspection services for high-stakes industries like oil & gas and petrochemicals, this capital infusion is poised to solidify its leadership and support its ongoing commitment to quality and safety.
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