What is Decorative Paint?
Decorative Paint, operating in the manufacturing and assembly sector, provides extensive services including manufacturing, painting, assembly, and warehousing across 77,000 square feet, complemented by an additional 12,000 square feet of storage. The company possesses 18.5 acres designated for future expansion. Strategically situated in Northwest Ohio, close to the Indiana and Michigan borders, Decorative Paint offers specialized production painting and injection molding services to a diverse range of industries. With a workforce of over 50 skilled employees, the company serves Tier I, Tier II, and Tier III suppliers, demonstrating its established position within the industrial supply chain.
How much funding has Decorative Paint raised?
Decorative Paint has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$876K
Debt (2020): $350K with participation from PPP
Debt (2021): $876K led by PPP
What's next for Decorative Paint?
The substantial enterprise-level funding and recent strategic investment indicate a strong trajectory for Decorative Paint. This capital infusion is likely to fuel expansion initiatives, potentially involving the development of its 18.5 acres of available land, and enhance its production capabilities in manufacturing, painting, and assembly. The company's focus on serving various tiers of suppliers suggests a strategy aimed at solidifying its market share and potentially diversifying its client base within the industrial manufacturing landscape.
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