What is T&D Tool Services?
T&D Tool Services, founded in 1983, is a specialized provider within the tungsten carbide and diamond industry. The company offers a comprehensive suite of products, including carbide form tools, specialized ground inserts, and wear parts. Complementing its product offerings, T&D Tool Services provides in-house grinding and Electrical Discharge Machining (EDM) capabilities, alongside a full inventory of carbide blanks, rods, and strips essential for custom tool fabrication. Operating from a 10,000 square foot manufacturing facility in Dickson, Tennessee, the company also functions as a distributor for leading carbide tooling manufacturers. Its advanced machine shop is equipped with precision equipment to address diverse industrial tooling requirements.
How much funding has T&D Tool Services raised?
T&D Tool Services has raised a total of $108K across 1 funding round:
Debt
$108K
Debt (2021): $108K with participation from PPP
What's next for T&D Tool Services?
The recent strategic investment in T&D Tool Services signals a phase of potential expansion and enhanced operational capacity. Given the company's focus on specialized tooling for demanding industries, this capital infusion is likely to support advancements in manufacturing technology, product development, and potentially the broadening of its distribution network. The company's established history and comprehensive service offerings position it for continued growth and market leadership in the industrial supplies sector.
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