What is Tri-State Coating & Machine?
Tri-State Coating & Machine, based in Salt Rock, WV, is a seasoned player in the industrial services sector, boasting over 27 years of expertise in hard coatings and custom machining. The company specializes in providing advanced thermal coating solutions and precision machining to address severe wear challenges across a diverse range of industries. Its client base spans critical sectors including marine, chemical, power generation, oil and gas, food processing, and waste water treatment, serving both original equipment manufacturers (OEMs) and end-users. The company's commitment to quality and operational excellence is validated by its ISO 9001:2015 certification, positioning it as a reliable partner for complex industrial requirements.
How much funding has Tri-State Coating & Machine raised?
Tri-State Coating & Machine has raised a total of $2.1M across 2 funding rounds:
Debt
$1M
Debt
$1.1M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.1M led by PPP
What's next for Tri-State Coating & Machine?
The recent major strategic investment signals a pivotal moment for Tri-State Coating & Machine, likely enabling the company to accelerate its expansion initiatives, enhance its technological capabilities, or broaden its service offerings. This capital infusion, following previous debt financing, suggests a strategic pivot towards leveraging external investment for significant growth and market penetration. The company is well-positioned to capitalize on its established reputation and technical expertise to further solidify its standing in demanding industrial markets.
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