New Company Uses Internet to Help Procure Custom Parts
The company, ThreeCore Inc., secured $2.2 million in first-round venture financing in February. The company will use the money to build a network of qualified suppliers and fund a marketing campaign.
Procuring custom-made parts is a labor-intensive process, says Jerry Bird, a member of ThreeCore's board of directors. "Most companies don't have the staff to research new suppliers, put jobs out for rebids on a regular basis, or understand the capacity or capability of suppliers," he explains.