Last deal

$25K

Amount

Grant

Stage

27.07.2022

Date

1

all rounds

$25K

Total amount

date founded

Financing round

General

About Company
Tooling & Equipment International manufactures fabricated metal products, blowtubes, and prototype castings.

Industry

Sector :

Subsector :

Also Known As

TEI

founded date

01.01.1983

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

Established in 1983 and located in Livonia Michigan, TEI's 85,000 sq.ft. facility includes a low pressure aluminum casting foundry with 56 plus CNC machining Centers, comprehensive metallurgical, CMM, CT, and 3D X-ray capabilities. TEI builds pre-production and production prototype aluminum castings for various industries, and their ISO-9001.2015 certification ensures quality and precision in their hot and cold box blowtubes.
Contacts

Contact Email

Phone number

Social url

Similar Companies
1000
Omega Castings

Omega Castings

Omega Castings is an industrial engineering company that specializes in manufacturing cast link belts and related products.

Sector

Industrial Engineering

Subsector

Industrial Machinery

Location

Battle Creek, MI, USA
Diversified Tooling Innovations

Diversified Tooling Innovations

Diversified Tooling Innovations is a metal fabrication company.

Sector

Industrial Engineering

Subsector

Tools

Location

Racine, WI, USA
Franklin Bronze Precision Components

Franklin Bronze Precision Components

Franklin Bronze Precision Components manufactures material casting and offers prototyping services.

Sector

Industrial Engineering

Subsector

Tools

Location

Franklin, PA 16323, USA
Crucible Metal Solutions

Crucible Metal Solutions

Crucible Metal Solutions offers custom manufacturing solutions for foundry tooling and casting.

Sector

Industrial Engineering

Subsector

Tools

Location

Menasha, WI, USA
M&A Details
1

Acquired by

General Motors

announced date

15.11.2023

Financials

Funding Rounds
1
1

Number of Funding Rounds

$25K

Money Raised

Their latest funding was raised on 27.07.2022. Their latest investor Michigan Economic Development Corporation. Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Michigan Economic Development Corporation

Michigan Economic Development Corporation

MEDC promotes job creation and investment in Michigan.

Sector

General Industrials

Subsector

Diversified Industrials

Location

Lansing, MI, USA

total rounds

1

total raised

$500K

count Of Investments

68

count Of Exists

7
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Michigan Economic Development Corporation

Michigan Economic Development Corporation

MEDC promotes job creation and investment in Michigan.

Sector

General Industrials

Subsector

Diversified Industrials

Location

Lansing, MI, USA

total rounds

1

total raised

$500K

count Of Investments

68

count Of Exists

7
Natalie Chmiko

Natalie Chmiko

Natalie Chmiko is the Senior Vice President, Small Business Solutions at Michigan Economic Development Corporation.

Quentin L Messer Jr

Quentin L Messer Jr

current job

Michigan Economic Development Corporation
Michigan Economic Development Corporation

Activity

Recent News
0