What is D R Price Engineering?
D R Price Engineering and Land Surveying, Inc. (DRPE) operates as a comprehensive professional corporation specializing in civil, structural, and mining engineering, alongside advanced land surveying services. Established 25 years ago, the firm has evolved into a critical service provider for the coal and natural gas industries, maintaining a strategic headquarters in Honaker, Virginia. With a team of licensed professional engineers and certified land surveyors, DRPE provides essential technical oversight for construction management, site design, and underground surveying. The firm is defined by its commitment to technical precision and its deep-rooted expertise in the Appalachian region's unique geological and industrial landscape.
How much funding has D R Price Engineering raised?
D R Price Engineering has raised a total of $420K across 2 funding rounds:
Debt
$150K
Debt
$270K
Debt (2020): $150K with participation from PPP
Debt (2021): $270K led by PPP
Key Investors in D R Price Engineering
PPP
Public-Private Partnership
What's next for D R Price Engineering?
With the recent capital deployment, D R Price Engineering is positioned to scale its service offerings and enhance its technological capabilities in construction inspection and site design. The firm's leadership, under the guidance of its principals, is expected to prioritize the expansion of its professional staff and the modernization of its surveying equipment to meet the increasing demands of regional infrastructure projects. As the company moves forward, the focus remains on maintaining the high standards established by its founders while adapting to the evolving regulatory and operational requirements of the mining and civil engineering sectors. This strategic investment provides the necessary liquidity to pursue larger-scale contracts and further solidify DRPE's reputation as a premier engineering partner in the Tri-Cities and beyond.
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