What is Parker Precision?
Established in 1997 and ISO 9001:2015 certified, Parker Precision, Inc. has distinguished itself as a leading force in custom manufacturing, particularly noted as the fastest-growing machine shop in Northeast Ohio. The company leverages state-of-the-art CNC machinery and the deep expertise of its team, boasting over 25 years of collective experience. Parker Precision excels in providing rapid quotes and fulfilling orders for a wide spectrum of projects, from initial prototypes to low and medium production runs. Their unwavering commitment to quality excellence and superior customer service has earned them recognition, including the Gold Link Award, for consistently exceeding client expectations and solidifying their reputation as a reliable partner in precision manufacturing.
How much funding has Parker Precision raised?
Parker Precision has raised a total of $143K across 1 funding round:
Debt
$143K
Debt (2021): $143K with participation from PPP
Key Investors in Parker Precision
PPP
Public-Private Partnership
What's next for Parker Precision?
With the recent influx of capital from a major strategic investment, Parker Precision is poised for accelerated growth and enhanced operational capacity. This significant backing, part of its $143K in total financing, will likely fuel advancements in technology, expansion of production capabilities, and potentially broader market penetration. The company's focus on rapid turnaround and custom solutions, combined with its established reputation for quality, positions it favorably to capitalize on new opportunities and further solidify its leadership in the CNC machining industry. Future developments may include investments in advanced automation, workforce development, and strategic partnerships to meet the evolving demands of its diverse clientele.
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