What is Custom Fabrication?
Custom Fabrication, Inc. operates as a specialized provider of storage tanks and water pollution management systems. Based in Philpot, Kentucky, the company utilizes a 22,250-square-foot facility to manage end-to-end fabrication, sandblasting, and protective coating services. Their business model is distinguished by a flexible labor strategy, utilizing nonunion field crews for standard projects while maintaining strategic partnerships with unionized entities to meet specific client requirements. This dual-approach allows the company to serve a diverse array of industrial clients, ensuring compliance with varying project specifications and labor regulations. Their long-standing history in the sector has established them as a cornerstone for clients requiring robust, durable, and compliant storage solutions.
How much funding has Custom Fabrication raised?
Custom Fabrication has raised a total of $639K across 2 funding rounds:
Debt
$350K
Debt
$289K
Debt (2020): $350K with participation from PPP
Debt (2021): $289K led by PPP
Key Investors in Custom Fabrication
PPP
Public-Private Partnership
What's next for Custom Fabrication?
With the recent strategic investment of $289K, Custom Fabrication, Inc. is well-positioned to optimize its production capacity and expand its service reach. The company is expected to focus on upgrading its Philpot facility to improve throughput and efficiency in its fabrication and finishing processes. Furthermore, the infusion of capital provides the necessary runway to pursue larger-scale infrastructure projects, potentially diversifying their client base within the wastewater management and industrial storage sectors. As the company moves forward, the focus will likely remain on maintaining its reputation for high-quality field erection services while exploring technological advancements in tank design and environmental compliance. This strategic growth phase is designed to fortify their competitive advantage and ensure long-term sustainability in an evolving industrial market.
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