Premier Machine Tools

Chennai, India Founded: 1980 • Age: 46 yrs Acquired By Seco
Lathe and drilling machines are manufactured by Premier Machine Tools.

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
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
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  • Website premiermachinetools.net
  • Acquired by Seco (Feb 2023)
Key Metrics

Investors in Premier Machine Tools

Premier Machine Tools has secured backing from 1 investor. Prominent investors backing the company include Seco.

All
InvestorDescriptionFounded YearDomainLocation
Provider of metal cutting solutions for milling, holemaking and tooling systems
1936secotools.comFagersta, Sweden
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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.

  1. Founded Premier Machine Tools is founded.
  2. 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 visits
    1.3K

    ▼ 9.8% vs previous month

Latest news on Premier Machine Tools

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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services
1969San Jose, California, United States–USD 27.91 B147,980
Electronic products and components are manufactured globally by Foxconn.
1974Taipei, Taiwan––12,716
Industrial components, mould bases, and storage solutions are manufactured globally.
1986Coimbatore, Tamil Nadu, IndiaUSD 28 MUSD 853.09 M3,060
Automotive components are manufactured and supplied to OEMs.
1957Aurora, Ontario, Canada–USD 42.92 B170,000
Single- and three-phase transformers are manufactured in Mumbai.
1993Mumbai, Maharashtra, IndiaUSD 22.67 MUSD 114.37 M618
Equipment and parts for HVAC/R industry are supplied.
1956Miami, Florida, United States–USD 7.24 B7,290
Smart hardware and vehicle electronics are manufactured on contract.
2005Pudong, Shanghai, ChinaUSD 431.15 MUSD 24.45 B–
Clas Ohlson was founded in 1918 in Insjön, Sweden.
1918Insjon, Dalarna, Sweden–USD 1.35 B–
Application-oriented research is conducted in bioeconomy, AI, and climate technologies.
1949Darmstadt, Hesse, GermanyUSD 23.27 M––
Apparel and clothing are manufactured and exported on contract.
1979Bengaluru, Karnataka, India–USD 400 M40,280
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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.

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