Malone's CNC Machining produces replacement parts and assemblies for military aircraft, including components for B-52, KC-135, and C-130 platforms. It provides CNC machining, assembly operations, shrink fitting, bonding, sheet metal manufacturing, and other associated machining services. The company has operated in Grove for more than 30 years and currently employs 52 people. Malone’s plans to use new financing to purchase additional machinery to increase capacity and bring previously outsourced processes in-house. The company expects to add 10 employees over the next 12 months. The financing will also be used to address working capital needs and support growth of its manufacturing operations.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2024