What is Cross Construction?
Cross Construction Corp. is a seasoned entity specializing in comprehensive paving, underground utilities, and earthwork services. Established in 1976 and serving central Illinois, the company caters to a diverse clientele encompassing both private and public sector projects. Its operational infrastructure includes a state-of-the-art asphalt plant, facilitating efficient production and deployment of materials. Cross Construction leverages advanced methodologies for installing various underground utilities and offers a full spectrum of general contracting services. Furthermore, the company demonstrates a commitment to environmental stewardship through its recycling of asphalt and concrete, aligning its business practices with sustainability goals. The company's mission is deeply rooted in professionalism, dependability, and active community engagement.
How much funding has Cross Construction raised?
Cross Construction has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Cross Construction
PPP
Public-Private Partnership
What's next for Cross Construction?
With the infusion of $1M through a major strategic investment, Cross Construction is poised for accelerated development. This capital injection is expected to fuel the expansion of its service offerings, potentially through the acquisition of new technologies or the enhancement of its existing asphalt plant capabilities. The company may also look to broaden its geographical footprint within Illinois or adjacent markets. Strategic partnerships could be a key focus, leveraging the 'strategic investment' context to forge alliances that enhance project acquisition and execution. Continued emphasis on its core competencies in paving, utilities, and earthwork, coupled with its sustainability initiatives, will likely define its trajectory.
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