What is Standard Technologies & Machine?
Standard Technologies Machine Co. is a veteran CNC job shop, operating since 1954 from its Wilmington, Delaware base. The company specializes in precision CNC machining, grinding, welding, and thermal spray coating, serving clients across Delaware, Pennsylvania, New Jersey, and Maryland. They offer customized solutions for both low and high-volume production, utilizing state-of-the-art machinery to fabricate high-quality metal and plastic parts. Their integrated in-house finishing services ensure efficient project completion, enabling businesses to enhance their product offerings and market reputation through superior component fabrication.
How much funding has Standard Technologies & Machine raised?
Standard Technologies & Machine has raised a total of $85K across 1 funding round:
Debt
$85K
Debt (2021): $85K with participation from PPP
What's next for Standard Technologies & Machine?
With significant expansion capital secured, Standard Technologies & Machine is poised for accelerated growth. This strategic investment is expected to fuel advancements in their state-of-the-art machinery, potentially expanding production capacity and service offerings. The company's focus on precision and quality, combined with its long-standing industry presence, positions it to capitalize on opportunities in the aerospace, defense, and industrial equipment sectors, further solidifying its role as a key provider of high-quality machined components.
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