What is Action Asphalt?
Action Asphalt, LLC is a well-established, Michigan-based private corporation founded in 1978. The company has built a strong reputation for prioritizing customer satisfaction and operates as a full-service asphalt paving and concrete flat work contractor. Its comprehensive service offerings cater to residential, commercial, industrial, municipal, and state needs, including asphalt paving, re-surfacing, repairs, concrete flat work, seal coating, parking lot striping, sport and tennis court installation, color coating, milling, pulverizing, excavation, grading, gravel services, and catch basin repairs. Action Asphalt is state pre-qualified for highway work and serves as a distributor for Seal Master Products. The company consistently updates its fleet and equipment, operating with two pavers and accepting Visa and MasterCard for payment convenience. It is fully insured and bonded, with a certificate of liability insurance available upon request.
How much funding has Action Asphalt raised?
Action Asphalt has raised a total of $81K across 1 funding round:
Debt
$81K
Debt (2021): $81K with participation from PPP
Key Investors in Action Asphalt
PPP
Public-Private Partnership
What's next for Action Asphalt?
With the recent influx of substantial expansion capital, Action Asphalt is poised for significant growth and operational scaling. The company's strategic focus will likely involve enhancing its service capabilities, expanding its geographic reach within Michigan and potentially beyond, and investing in advanced paving and concrete technologies. This funding will enable Action Asphalt to further solidify its market leadership, pursue larger infrastructure projects, and continue its legacy of delivering high-quality services to a diverse client base, reinforcing its position as a key player in the regional construction and maintenance industry.
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