What is Contracting & Materials?
Contracting & Materials, Inc. operates as a general contractor specializing in industrial painting, vessel linings, and specialized coatings for HVAC equipment and containment areas. Their comprehensive service portfolio includes waterproofing, abrasive blasting, and project management, serving critical industries such as chemical, manufacturing, oil and gas, and power. The company further enhances its offerings with specialty products like Belzona and Polyurea, alongside valuable services such as free facility corrosion surveys and educational seminars focused on industrial maintenance. This broad expertise and product range position Contracting & Materials as a key partner for enterprises requiring robust coating solutions and maintenance strategies.
How much funding has Contracting & Materials raised?
Contracting & Materials has raised a total of $362K across 2 funding rounds:
Debt
$150K
Debt
$212K
Debt (2020): $150K with participation from PPP
Debt (2021): $212K led by PPP
What's next for Contracting & Materials?
With the recent injection of capital, Contracting & Materials is poised for accelerated expansion and enhanced service delivery. The large-scale, late-stage funding suggests a strategic focus on scaling operations, potentially through market penetration, technological advancements in coating applications, or expanding their service geography. This investment will likely enable the company to fortify its market leadership and pursue larger-scale projects, further solidifying its reputation in the industrial maintenance and contracting sphere.
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