What is Hammond & Irving?
Hammond & Irving, Inc. is a premier manufacturer headquartered in Auburn, New York, with a rich history dating back to 1919. The company specializes in the production of seamless rolled rings and open die forgings, utilizing carbon, alloy, and stainless steels. These high-quality custom forgings are critical components for a wide array of applications, including bearings, pumps, and gears. Hammond & Irving serves diverse and demanding industries such as transportation, mining, and food processing, establishing itself as a trusted supplier in the U.S. bearing market and beyond through its commitment to quality and customer service.
How much funding has Hammond & Irving raised?
Hammond & Irving has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Hammond & Irving?
The recent major strategic investment in Hammond & Irving signals a pivotal moment for the company, likely aimed at enhancing manufacturing capabilities, expanding market reach, or potentially pursuing strategic acquisitions. Given the large-scale, late-stage funding context, future initiatives may focus on optimizing production efficiency, developing new product lines, or strengthening its competitive advantage in the custom forging market. This capital infusion is expected to fuel continued innovation and solidify its role as a key player in supplying essential components to critical industries.
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