About Premier Machine Tools
Premier Machine Tools was founded in 1980 and is based in Chennai, India. Operations are focused on the manufacturing sector, where lathe and drilling machines are produced for industrial applications. The company maintains its online presence through the domain premiermachinetools.net. Activities are centered in the machinery industry, serving domestic and potential international markets from its Indian location.
- Headquarter Chennai, India
- SectorsIndustrial Goods & Manufacturing
- Phoneβ’β’β’β’ β’β’β’β’
- Website premiermachinetools.net
- Acquired by Seco (Feb 2023)
Investors in Premier Machine Tools
Premier Machine Tools has secured backing from 1 investor. Prominent investors backing the company include Seco.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of metal cutting solutions for milling, holemaking and tooling systems | 1936 | secotools.com | Fagersta, Sweden |
Investor details for Premier Machine Tools
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Timeline of Premier Machine Tools
2 dated milestones of Premier Machine Tools across 43 years, from founding to its latest funding, stage changes and deals.
- Founded Premier Machine Tools is founded.
- Exit Acquired by Seco.
Web traffic of Premier Machine Tools
The website of Premier Machine Tools (premiermachinetools.net) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 9.8% vs previous month
Latest news on Premier Machine Tools
Complete news archive for Premier Machine Tools
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Similar companies to Premier Machine Tools
10 companies that operate in the same segment as Premier Machine Tools (Contract & Outsourced Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | 1969 | San Jose, California, United States | – | USD 27.91 B | 147,980 | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | Taipei, Taiwan | – | – | 12,716 | |
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Automotive components are manufactured and supplied to OEMs. | 1957 | Aurora, Ontario, Canada | – | USD 42.92 B | 170,000 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 22.67 M | USD 114.37 M | 618 | |
Equipment and parts for HVAC/R industry are supplied. | 1956 | Miami, Florida, United States | – | USD 7.24 B | 7,290 | |
Smart hardware and vehicle electronics are manufactured on contract. | 2005 | Pudong, Shanghai, China | USD 431.15 M | USD 24.45 B | – | |
Clas Ohlson was founded in 1918 in Insjön, Sweden. | 1918 | Insjon, Dalarna, Sweden | – | USD 1.35 B | – | |
Application-oriented research is conducted in bioeconomy, AI, and climate technologies. | 1949 | Darmstadt, Hesse, Germany | USD 23.27 M | – | – | |
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | – | USD 400 M | 40,280 |
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Frequently Asked Questions about Premier Machine Tools
Premier Machine Tools was founded in 1980.
Premier Machine Tools is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Premier Machine Tools was founded in 1980 and is based in Chennai, India. Operations are focused on the manufacturing sector, where lathe and drilling machines are produced for industrial applications. The company maintains its online presence through the domain premiermachinetools.net. Activities are centered in the machinery industry, serving domestic and potential international markets from its Indian location.
Premier Machine Tools has 1 investor. Key investors include Seco.
Yes. Premier Machine Tools was acquired by Seco in February 2023.

