What is Crescent Packing?
Established in 1984, Crescent Packing operates as a sophisticated wholesale distributor of meats and food provisions, catering to a diverse clientele across Long Island, the five boroughs, New Jersey, and Connecticut. The company distinguishes itself through a comprehensive product portfolio that spans fresh beef, chicken, pork, and seafood, alongside specialized frozen food offerings. Central to its market authority is the integration of state-of-the-art ERP technology, which optimizes logistics and delivery precision. Furthermore, the company maintains a USDA-inspected processing facility, Crescent Prime Cuts, which provides high-value, portion-controlled meat products, effectively bridging the gap between bulk distribution and bespoke culinary requirements.
How much funding has Crescent Packing raised?
Crescent Packing has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Crescent Packing
PPP
Public-Private Partnership
What's next for Crescent Packing?
With this late-stage financing, Crescent Packing is positioned to accelerate its strategic growth initiatives, likely focusing on the modernization of its processing capabilities and the expansion of its distribution network. The capital will serve as a catalyst for enhancing the efficiency of its USDA-inspected plant, allowing for greater throughput and improved quality control measures. As the company navigates the complexities of the wholesale food industry, the focus will remain on scaling its technological infrastructure to maintain its reputation for prompt, reliable service. This investment marks a pivotal transition, enabling the firm to capture additional market share while maintaining the operational excellence that has defined its four-decade history.
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