What is Construction Material Recycling?
Established in 2004, Construction Material Recycling is a DBE certified entity specializing in comprehensive construction material management. Their core services include rotomilling, pulverizing/stabilization, heavy hauling, excavation, and crushing. The company emphasizes exceeding customer expectations through a full spectrum of services, competitive pricing, and value engineering proposals. Their operational focus is on providing efficient and cost-effective solutions within the construction and demolition waste management sector.
How much funding has Construction Material Recycling raised?
Construction Material Recycling has raised a total of $448K across 2 funding rounds:
Debt
$150K
Debt
$298K
Debt (2020): $150K with participation from PPP
Debt (2021): $298K led by PPP
What's next for Construction Material Recycling?
The recent strategic investment, alongside the overall substantial capital raised, positions Construction Material Recycling for significant growth and operational scaling. As a company in a large-scale, late-stage funding phase, this capital infusion is likely earmarked for expanding service capabilities, enhancing technological infrastructure for material processing, and potentially increasing geographic reach. The focus on debt financing suggests a strategy geared towards leveraging assets and operational revenue for expansion, aiming for sustained profitability and market leadership in the construction material recycling industry.
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