What is Select Plastics?
Founded in 1997 and headquartered in Ft Worth, Texas, Select Plastics is a privately owned custom sheet extruder. The company has built a reputation for meeting demanding customer requirements through a commitment to providing specialized products and services. Its experienced management team focuses on delivering excellent customer service, accurate and timely delivery, and flexible production lead-times. Select Plastics prioritizes uncompromised quality standards and stays at the forefront of new plastics technology by maintaining close relationships with major resin suppliers to explore new resin and extrusion technologies. The company's strategy is centered on providing customers with a competitive edge in cost, service, and technology, contributing to their success.
How much funding has Select Plastics raised?
Select Plastics has raised a total of $1M across 2 funding rounds:
Debt
$1M
Debt
$33K
Debt (2020): $1M with participation from PPP
Debt (2021): $33K led by PPP
What's next for Select Plastics?
With the recent substantial expansion capital, Select Plastics is poised for significant growth. This investment will likely fuel initiatives aimed at enhancing production capacity, exploring new market segments, and potentially integrating advanced extrusion technologies. The company's focus on customer success and technological innovation suggests a strategic direction towards solidifying its position as a leader in custom sheet extrusion, leveraging this financing to further its competitive advantages in cost, service, and technological offerings.
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