How Much Did R&M Machine Tool Raise?
Funding & Key Investors

R&M Machine Tool has secured $350K in total capital, with its most recent funding round bringing in $350K through a major strategic investment. This significant backing underscores the company's established position in the manufacturing sector and its trajectory towards further expansion.

What is R&M Machine Tool?

R&M Machine Tool
ManufacturingIndustrial Machinery & Equipment

Founded in 1995 and now under the sole ownership of Ron Miller Jr., R&M Machine Tool, based in Freeland, Michigan, has evolved into a key player in precision machining. The company specializes in serving OEM, Tier I, and Tier II customers across various industries, emphasizing consistent quality and reliable customer service. Its operations are supported by a 9,000+ square foot facility, equipped to maintain close tolerances and quality control, as evidenced by its ISO 9001:2008 certification. The company's history reflects a commitment to excellence, built over decades of machining expertise.

How much funding has R&M Machine Tool raised?

R&M Machine Tool has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for R&M Machine Tool?

The recent strategic investment signals a new phase of growth for R&M Machine Tool. This capital infusion is likely to fuel advancements in operational capacity, technological upgrades, or market penetration strategies. As a company with a strong foundation in quality manufacturing and customer relationships, this backing positions R&M Machine Tool for continued success and potential diversification within the competitive industrial landscape.

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Frequently Asked Questions Regarding R&M Machine Tool Financial Insights

What are the most recent funding rounds that R&M Machine Tool has completed, and what were the funding rounds?
R&M Machine Tool has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding R&M Machine Tool has raised to date?
R&M Machine Tool has raised a total of $350K in funding to date.
How many funding rounds has R&M Machine Tool completed?
R&M Machine Tool has completed 1 funding rounds.
How much funding did R&M Machine Tool raise in its most recent funding round?
R&M Machine Tool raised $350K in its most recent funding round.
Who are the lead investors in R&M Machine Tool's latest funding round?
The lead investor in R&M Machine Tool'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 R&M Machine Tool's history?
The largest funding round in R&M Machine Tool's history was $350K.
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