What is Target Plastics Technology?
Established in 1978 and based in Chicago, Target Plastics Technology is a prominent plastic injection mold fabricator and repair shop serving the Chicagoland area and the broader United States. The company distinguishes itself through its commitment to delivering high-quality, innovative plastic parts, with a strategic emphasis on cost-saving automation and precision tooling. Its advanced facility is adept at meeting the rigorous demands of diverse sectors, including the food, construction, and automotive industries. Target Plastics Technology prioritizes rapid product delivery and exceptional quality to fulfill client requirements.
How much funding has Target Plastics Technology raised?
Target Plastics Technology has raised a total of $879K across 2 funding rounds:
Debt
$350K
Debt
$529K
Debt (2020): $350K with participation from PPP
Debt (2021): $529K led by PPP
Key Investors in Target Plastics Technology
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Target Plastics Technology?
The recent major strategic investment signifies a pivotal moment for Target Plastics Technology, indicating a strong confidence from its backers in the company's growth potential and market strategy. This capital infusion is expected to fuel further advancements in automation, expand production capabilities, and potentially broaden its service reach. As a company with a long-standing history and a focus on precision, this financing will likely enable Target Plastics Technology to solidify its competitive edge and pursue new opportunities within its specialized industrial niches.
See full Target Plastics Technology company page
