What is Crooker Construction?
Established in 1935, Crooker Construction is a venerable heavy construction and paving business with deep roots in Maine. Originally founded by Harry Crooker with a single dump truck, the company has evolved over nearly nine decades into a respected firm employing approximately 150 individuals. Under new local ownership led by President and CEO Thomas Sturgeon, the company continues its legacy of providing high-quality engineering, construction, and paving services, building upon the foundation laid by its founder and subsequent family leadership.
How much funding has Crooker Construction raised?
Crooker Construction has raised a total of $7M across 2 funding rounds:
Debt
$5M
Debt
$2M
Debt (2020): $5M with participation from PPP
Debt (2021): $2M led by PPP
What's next for Crooker Construction?
The recent major strategic investment signifies a pivotal moment for Crooker Construction, indicating a phase of potential expansion or modernization. This enterprise-level funding is likely to bolster the company's capacity to undertake larger projects, invest in advanced equipment, and potentially broaden its service offerings. The continuity of local ownership suggests a commitment to maintaining the company's established reputation for quality and reliability while pursuing new avenues for growth and operational enhancement.
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