What is ALRT?
A.L.R.T. Corporation, established in 1990 and operating as State Accredited Loggers, Road Builders and Truckers, has evolved into a professional leader within the timber industry. Under current ownership since 2006, the company has expanded its operations to include the purchasing and marketing of timber for both domestic and export markets. Over the past five years, ALRT has demonstrated significant capacity, logging over 300 million board feet of timber, constructing and reconstructing over 100 miles of forest roads in Washington State, and undertaking extensive rock drilling, blasting, and crushing operations. The company's financial strength and solvency have enabled it to navigate market fluctuations effectively, evidenced by its consistent success in bidding for and being awarded numerous State Timber sales, including recent DNR sales like "Lincoln Log" and "Acer Mesa" which alone represent over $15 million and 50 million board feet of standing timber. ALRT also maintains strong community ties through support for organizations such as Mt. Baker Youth Baseball and Ducks Unlimited.
How much funding has ALRT raised?
ALRT has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for ALRT?
The recent major strategic investment signals a phase of accelerated growth and potential expansion for ALRT Corporation. With a foundation built on competent management, skilled employees, and modern equipment, the company is well-positioned to leverage this capital for further development in timber harvesting, road construction, and timber marketing. Future initiatives may focus on increasing market share, exploring new domestic and international export opportunities, and potentially acquiring new timber sales to bolster its already impressive portfolio. This infusion of capital is expected to enhance ALRT's operational capabilities and solidify its leadership in the competitive timber sector.
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