What is Setters Tools?
Setters Tools is a specialized manufacturer with nearly forty years of experience, renowned for its high-quality, patented spiral cage pushers/feed fingers and replacement parts tailored for screw machines from leading manufacturers like Davenport, National Acme, and New Britain. Beyond its core product line, the company leverages its expertise through a CNC machining job shop, offering advanced services such as 2-1/2 round turning and 4th axis milling. Headquartered in Piedmont, SC, Setters Tools has established itself as a key supplier across the U.S., aiming to be the primary source for essential screw machine replacement components.
How much funding has Setters Tools raised?
Setters Tools has raised a total of $60K across 1 funding round:
Debt
$60K
Debt (2021): $60K with participation from PPP
What's next for Setters Tools?
The recent substantial expansion capital positions Setters Tools for strategic advancement. This financing is expected to fuel further development of its product lines, enhance manufacturing capabilities, and potentially broaden its market reach. The company's established reputation for quality and service, combined with its diversified offerings in both specialized parts and CNC machining, provides a strong foundation for continued growth and innovation in the competitive industrial manufacturing sector.
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