U.S. Stadco raises $13.35 million in financing

01/15/2019 7:03:00 AM (GMT)

U.S. high-precision components and tooling manufacturer Stadco Inc., a subsidiary of Stadco Acquisition, has raised $13.35 million in financing.

The company raised the funds from U.S. private investment firm Five Crowns Credit Partners.

Stadco plans to use the new capital to refund existing debt and avail additional working capital for development.

The company’s development plans include both organic initiatives and strategic purchases.

Stadco Inc.

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