How Much Did Precision Turning Raise?
Funding & Key Investors

Precision Turning, a specialist in manufacturing small, tight tolerance components using CNC Swiss machines, has secured $150K in total funding. The company recently announced a major strategic investment of $150K, underscoring its position in the advanced manufacturing sector. This latest capital infusion signals a significant phase of growth and development for the established firm.

What is Precision Turning?

Precision Turning
ManufacturingIndustrial Machinery & Equipment

Established in 1996, Precision Turning Corporation operates as an ISO 9001:2015 certified entity, dedicated to producing high-precision components with tolerances as tight as ±.0001 inches. Leveraging state-of-the-art CNC Swiss machines, the company caters to a diverse range of industries requiring custom manufacturing solutions. Their commitment to quality, exceptional service, and rapid turnaround times has solidified their reputation as a reliable partner in the precision machining landscape.

How much funding has Precision Turning raised?

Precision Turning has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Precision Turning

PPP

Public-Private Partnership

What's next for Precision Turning?

The recent strategic investment, characterized as a major capital injection, suggests Precision Turning is poised for significant expansion. This financing is likely to fuel advancements in their technological capabilities, potentially increasing production capacity and broadening their service offerings. The company's focus on maintaining stringent quality standards and efficient turnaround times, combined with this new backing, positions them for enhanced market penetration and continued leadership in the high-precision component manufacturing industry.

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Frequently Asked Questions Regarding Precision Turning Financial Insights

What are the most recent funding rounds that Precision Turning has completed, and what were the funding rounds?
Precision Turning has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Precision Turning has raised to date?
Precision Turning has raised a total of $150K in funding to date.
How many funding rounds has Precision Turning completed?
Precision Turning has completed 1 funding rounds.
How much funding did Precision Turning raise in its most recent funding round?
Precision Turning raised $150K in its most recent funding round.
Who are the lead investors in Precision Turning's latest funding round?
The lead investor in Precision Turning's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Precision Turning's history?
The largest funding round in Precision Turning's history was $150K.
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