What is Ultratech?
Ultratech, Inc. is a family-owned precision sheet metal fabricator based in Bloomingdale, IL, specializing in prototype-to-production volume manufacturing of custom, engineered sheet metal components and assemblies. The company offers a wide range of services including precision fabrication, powder coating, and value-add assembly, utilizing state-of-the-art equipment in their 81,000 square foot facility. They serve a diverse clientele, including OEMs and Contract Manufacturers across various industries such as aerospace and telecom, since 1995. Ultratech aims to be a one-stop solution for customers' sheet metal fabrication needs, emphasizing responsive customer service and continual improvement.
How much funding has Ultratech raised?
Ultratech has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$662K
Debt (2020): $350K with participation from PPP
Debt (2021): $662K led by PPP
Key Investors in Ultratech
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Ultratech?
The recent major strategic investment indicates Ultratech is poised for further expansion and operational enhancement. This capital infusion is likely to fuel advancements in their manufacturing capabilities, potentially through the acquisition of new technology or the scaling of their existing state-of-the-art equipment. The company's focus on being a one-stop solution for sheet metal fabrication needs, coupled with its established history since 1995, suggests a strategic direction aimed at solidifying its market position and deepening relationships with key clients in sectors like aerospace and telecommunications.
See full Ultratech company page