How Much Did Quick Turn Precision Machining Raise?
Funding & Key Investors

Quick Turn Precision Machining has solidified its market position through a series of strategic capital injections, culminating in a total valuation trajectory represented by $468K. The firm recently secured a major strategic investment of $318K, marking a significant milestone in its operational expansion. This late-stage financing underscores the company's robust growth profile and its ability to attract substantial backing within the competitive industrial manufacturing sector.

By leveraging this recent infusion of capital, the Ogden-based manufacturer is well-positioned to scale its production capabilities and enhance its service delivery across the automotive, medical, and aerospace verticals. The financial backing reflects investor confidence in the company's long-standing commitment to quality and its proven track record of operational excellence since its inception in 1997.

What is Quick Turn Precision Machining?

Quick Turn Precision Machining
ManufacturingIndustrial Machinery & Equipment

Quick Turn Precision Machining operates as a comprehensive, full-service machining provider, distinguished by its ISO 9001-2015 certification and a nationwide service footprint. The company specializes in high-precision milling, turning, water-jet cutting, and welding, serving as a critical supply chain partner for high-stakes industries. By maintaining a focus on competitive pricing and rapid turnaround times, the firm has established itself as a preferred vendor for prominent organizations requiring rigorous quality standards. The company's business model is built upon a foundation of technical expertise and a customer-centric approach, ensuring that complex engineering requirements are met with precision and reliability.

How much funding has Quick Turn Precision Machining raised?

Quick Turn Precision Machining has raised a total of $468K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$318K

Debt (2020): $150K with participation from PPP

Debt (2021): $318K led by PPP

Key Investors in Quick Turn Precision Machining

PPP

Public-Private Partnership

What's next for Quick Turn Precision Machining?

With the recent capital deployment, Quick Turn Precision Machining is poised to accelerate its technological integration and capacity expansion. The strategic roadmap likely involves upgrading its machining infrastructure to support more complex aerospace and medical device components, thereby increasing its market share in high-margin sectors. As the company transitions through this late-stage growth phase, the focus will remain on optimizing operational efficiencies and maintaining the high-quality standards that have defined its reputation. Future initiatives may include further automation of its production lines and potential geographic expansion to better serve its growing client base across the United States.

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Frequently Asked Questions Regarding Quick Turn Precision Machining Financial Insights

What are the most recent funding rounds that Quick Turn Precision Machining has completed, and what were the funding rounds?
Quick Turn Precision Machining has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Quick Turn Precision Machining has raised to date?
Quick Turn Precision Machining has raised a total of $468K in funding to date.
How many funding rounds has Quick Turn Precision Machining completed?
Quick Turn Precision Machining has completed 2 funding rounds.
How much funding did Quick Turn Precision Machining raise in its most recent funding round?
Quick Turn Precision Machining raised $318K in its most recent funding round.
Who are the lead investors in Quick Turn Precision Machining's latest funding round?
The lead investor in Quick Turn Precision Machining's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Quick Turn Precision Machining's history?
The largest funding round in Quick Turn Precision Machining's history was $318K.
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