K-Tooling Expansion Capital

K Tooling, LLC will purchase and install new equipment to grow their custom part manufacturing operation at their facility located at 12 Winkler Rd, Sidney, NY. Incorporating this state-of-the-art equipment into the company’s manufacturing operations will allow K Tooling Inc. to manufacture more complex parts and products, which will help the company keep up with current demand from client orders. Once the project is completed, K Tooling anticipates an increase in CNC milling machined parts by 2-3 times and overall sales to double within 1-2 years. Furthermore, this equipment purchase will help K Tooling Inc. to diversify and expand its services for new clientele, specifically attracting opportunities in aerospace and medical industries.
Program Name:
Empire State Development Grant Funds
Agency ID:
ESD
Applicant Name:
K-Tooling LLC
Region:
Southern Tier
County:

Delaware

CFA Number:
112651
Round Number:
11
Award:
$180,200
Grant Money Disbursed to Date:
$0

Project Status:
Green
Anticipated Completion Date:
 
PROJECT STATUSES
Blue - Complete Green - On Schedule Yellow - Progressing Slowly Red - Concerns Pending Orange - Contract Not Executed Black - Cancelled/Declined