How Much Did S&S Machine Shop Raise?
Funding & Key Investors

S&S Machine Shop has secured $782K in total capital, with a recent major strategic investment amounting to $432K. This significant backing underscores the company's established presence and strategic growth initiatives within the custom fabrication and machining sector.

The company's funding history, primarily consisting of debt financing, indicates a focus on operational capital and expansion. The most recent funding event occurred on January 16, 2021.

What is S&S Machine Shop?

S&S Machine Shop
ManufacturingIndustrial Machinery & EquipmentConsumer Services

Established in 1983 by brothers Don and Jim Shigley, S&S Machine Shop is a custom fabrication and machine shop specializing in machining, engineering design, and repair services. The company primarily serves industries in the Tri-State area, providing tailored solutions to meet customer needs. They also offer specialized products such as Posi-Pins and Posi-Clamps. With over 40 years of experience, S&S Machine Shop is committed to delivering high-quality services and products to their clients, positioning itself as a reliable partner for complex manufacturing and engineering challenges.

How much funding has S&S Machine Shop raised?

S&S Machine Shop has raised a total of $782K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$432K

Debt (2020): $350K with participation from PPP

Debt (2021): $432K led by PPP

What's next for S&S Machine Shop?

The substantial enterprise-level funding and recent strategic investment suggest S&S Machine Shop is poised for significant expansion or technological advancement. This capital infusion will likely be directed towards enhancing production capabilities, expanding service offerings, or entering new markets. Given the company's long-standing expertise and focus on specialized products like Posi-Pins and Posi-Clamps, future growth may involve scaling production of these proprietary items or leveraging their engineering design services for larger, more complex projects. The company's strategic positioning within the Tri-State area, coupled with this financial backing, indicates a strong outlook for continued development and market leadership in custom fabrication and machining.

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Frequently Asked Questions Regarding S&S Machine Shop Financial Insights

What are the most recent funding rounds that S&S Machine Shop has completed, and what were the funding rounds?
S&S Machine Shop has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 4, 2020.
What is the total amount of funding S&S Machine Shop has raised to date?
S&S Machine Shop has raised a total of $782K in funding to date.
How many funding rounds has S&S Machine Shop completed?
S&S Machine Shop has completed 2 funding rounds.
How much funding did S&S Machine Shop raise in its most recent funding round?
S&S Machine Shop raised $432K in its most recent funding round.
Who are the lead investors in S&S Machine Shop's latest funding round?
The lead investor in S&S Machine Shop'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 S&S Machine Shop's history?
The largest funding round in S&S Machine Shop's history was $432K.
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