What is Mid-States Tool & Machine?
Mid-States Tool & Machine is a specialized provider of molds and tooling solutions, catering to thermoplastic, elastomer, and liquid silicone rubber molding applications. The company's expertise spans across demanding sectors including automotive, aerospace, oil and gas, electronics, medical, and consumer products. By integrating advanced measurement and control technologies, Mid-States Tool & Machine upholds a commitment to world-class quality, ensuring consistent delivery of high-caliber results within its ISO9001:2015 registered quality management system.
How much funding has Mid-States Tool & Machine raised?
Mid-States Tool & Machine has raised a total of $434K across 2 funding rounds:
Debt
$150K
Debt
$284K
Debt (2020): $150K with participation from PPP
Debt (2021): $284K led by PPP
What's next for Mid-States Tool & Machine?
The substantial capital infusion, particularly the recent strategic investment, positions Mid-States Tool & Machine for accelerated growth and innovation. This late-stage funding is indicative of strong market confidence and will likely fuel expansion into new markets, enhancement of production capabilities, and continued investment in cutting-edge tooling technologies. The company is poised to further solidify its competitive advantage by leveraging this financial backing to meet the evolving demands of its diverse industrial clientele.
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