Advantage Capital Invests $3 Million in Growing Military Aircraft Part Manufacturer Malone’s CNC Machining, Inc.
Advantage Capital Invests $3 Million in Growing Military Aircraft Part Manufacturer Malone’s CNC Machining, Inc.
02/06/24, 2:09 PM
Location
groveMoney raised
$3 million
Industry
aviation & aerospace
Round Type
seed
Investors
Advantage Capital
Advantage Capital announced a $3 million investment in Malone’s CNC Machining, Inc. to support the purchase of new equipment and address working capital needs. The funding is critical to support the company's upward trajectory and growth potential, as well as to create quality manufacturing jobs in the surrounding community. The financing was made in connection with the Oklahoma Rural Jobs Act, designed to stimulate local economies and build communities.
Company Info
Location
grove, oklahoma, united states
Additional Info
Malone's CNC Machining Inc. is a manufacturer of military aircraft parts and assemblies. As the company name indicates, Malone’s roots are firmly based in CNC machining with capabilities extending into a vast variety of aircraft parts and assemblies manufactured from various materials that utilize numerous manufacturing processes. This versatility allows Malone’s CNC Machining to maintain the highest volume of active government contracts in the state of Oklahoma.