What is KrisDee & Associates?
KrisDee & Associates Inc. is a seasoned contract manufacturer established in 1982, specializing in the precision machining of components and assemblies derived from castings, forgings, extrusions, and plate. The company serves a diverse industrial base, including the demanding medical, automotive, hydraulics, and aerospace/defense sectors. Operating from a modern facility equipped with advanced CNC machining centers, KrisDee & Associates is committed to high-quality production standards. Its certifications as a Minority Business Enterprise, Small Disadvantaged Business, AS9100D, and ISO 9001:2015 highlight its dedication to compliance and excellence. With a global distribution and supply chain network, the company adeptly manages low volume, high mix production requirements for its clientele.
How much funding has KrisDee & Associates raised?
KrisDee & Associates has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$770K
Debt (2020): $350K with participation from PPP
Debt (2021): $770K led by PPP
Key Investors in KrisDee & Associates
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for KrisDee & Associates?
The recent major strategic investment signals a new phase of expansion and operational enhancement for KrisDee & Associates. This backing is expected to fuel advancements in manufacturing capabilities, potentially through the acquisition of new technologies or the expansion of its skilled workforce. The company's focus on precision components for high-stakes industries suggests that future growth will likely involve deepening relationships with existing clients and pursuing new contracts within its specialized sectors. Strategic capital deployment will be key to maintaining its competitive edge and solidifying its position as a leading contract manufacturer.
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