What is Automation Products?
Automation Products, established in 1979, is a specialized provider of precision CNC turning/milling and multi-spindle screw machining services. The company is recognized for its ISO 9001:2015 certification and its capability to produce high-precision, close-tolerance machined components from various materials. Serving OEMs across the USA, Automation Products supports both high and low volume production runs, complemented by additional services including heat treating, grinding, and plating. Their components are integral to diverse industries such as agricultural machinery, automotive transport, and energy utilities, highlighting their broad market penetration and critical role in supply chains.
How much funding has Automation Products raised?
Automation Products has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Automation Products
PPP
Public-Private Partnership
What's next for Automation Products?
The recent strategic investment, alongside the company's substantial total funding, positions Automation Products for continued expansion and technological advancement. This capital infusion is likely to fuel enhancements in production capacity, the adoption of advanced manufacturing technologies, and potentially the exploration of new market segments or industry verticals. Given the company's late-stage funding context, the focus will likely be on optimizing operations, solidifying market leadership, and driving profitability through scaled production and service excellence.
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