What is Black?
Founded in 1920 and headquartered in Decatur, Illinois, Black & Company is a long-standing provider of industrial products and safety solutions. Operating across six locations in Illinois and Indiana, the company boasts a substantial inventory of over 33,000 items, with access to an additional 500,000 products through an extensive database. Their workforce of more than 100 full-time employees supports a comprehensive suite of services, including recycling, electrical glove management, and gas detection repair and calibration, catering to businesses requiring robust industrial supplies and safety expertise.
How much funding has Black raised?
Black has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Black?
With a history spanning over a century and a recent major strategic investment, Black & Company is well-positioned for continued expansion and operational enhancement. The substantial total funding amount suggests a mature company focused on scaling its existing operations, potentially through market penetration, service diversification, or technological integration. Future initiatives are likely to leverage this capital to reinforce its market leadership in industrial products and safety solutions across its operational regions.
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