What is C&R Scrap?
Established in 1945, C&R Scrap specializes in the comprehensive recycling of ferrous and non-ferrous metals, alongside non-metal materials. The company provides efficient and tailored scrap removal solutions, emphasizing environmental compliance and rigorous risk management. Serving a broad spectrum of clients from residential to industrial sectors, C&R Scrap guarantees prompt pickup services, typically within 24 hours. Their commitment extends to social responsibility, actively supporting various charitable initiatives, which positions them as a conscientious leader in the recycling industry.
How much funding has C&R Scrap raised?
C&R Scrap has raised a total of $311K across 2 funding rounds:
Debt
$150K
Debt
$161K
Debt (2020): $150K with participation from PPP
Debt (2021): $161K led by PPP
What's next for C&R Scrap?
The substantial capital infusion, particularly the recent strategic investment, positions C&R Scrap for accelerated growth and enhanced operational capacity. This backing is expected to fuel advancements in their recycling technologies, expand their service infrastructure, and potentially broaden their geographical reach. As a company with a deep history and a commitment to sustainability, this financing will likely enable C&R Scrap to further optimize its environmental compliance protocols and reinforce its risk management strategies, ensuring continued leadership in the competitive scrap and recycling market.
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