Advantage Capital Invests $3 Million in Growing Military Aircraft Part Manufacturer Malone’s CNC Machining, Inc.

Feb 06, 2024•almost 2 years ago

Amount Raised

$3 Million

Round Type

seed

GroveAviation & Aerospace

Investors

Advantage Capital

Description

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 Information

Company

Malone’s CNC Machining

Location

Grove, Oklahoma, United States

About

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.

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