What is Tri-Way Mold & Engineering?
Tri-Way Mold & Engineering is a distinguished provider of mold tooling solutions, boasting over 45 years of expertise in the design and manufacturing of high-quality plastic injection molds. Their comprehensive service portfolio includes offshore tooling, production molds, prototype molds, and essential mold repair and maintenance. The company emphasizes a strong commitment to customer service, teamwork, and superior workmanship, ensuring punctual delivery for a diverse clientele across various industries. Operating from Roseville, MI, Tri-Way leverages its extensive experience to expertly manage mold builds and efficiently service injection molds, solidifying its reputation as a premier mold tooling operation.
How much funding has Tri-Way Mold & Engineering raised?
Tri-Way Mold & Engineering has raised a total of $489K across 2 funding rounds:
Debt
$150K
Debt
$339K
Debt (2020): $150K with participation from PPP
Debt (2021): $339K led by PPP
What's next for Tri-Way Mold & Engineering?
The recent strategic investment and the company's history of securing debt financing indicate a mature operational phase for Tri-Way Mold & Engineering. This capital infusion is likely earmarked for enhancing manufacturing capabilities, expanding service offerings, or strengthening its market presence within the competitive plastic injection mold industry. As a company with a long-standing history, Tri-Way appears poised to continue its legacy of quality and service, potentially exploring further opportunities for operational optimization and client acquisition.
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