What is Duval Asphalt?
Duval Asphalt, a Jacksonville-based entity, boasts over five decades of operational experience in the asphalt sector. The company offers a comprehensive suite of services, encompassing asphalt paving, sealcoat and repair, and asphalt manufacturing. Renowned for its dedication to superior quality and client satisfaction, Duval Asphalt serves both residential and commercial clientele. Its long-standing reputation is built on stability and dependability, marking it as the oldest American-owned asphalt company in Northeast Florida. The firm also actively participates in community development and sustainability programs, demonstrating a commitment to adapting to client needs.
How much funding has Duval Asphalt raised?
Duval Asphalt has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for Duval Asphalt?
The recent major strategic investment into Duval Asphalt signals a phase of potential expansion and operational enhancement. Given the company's extensive history and established market position, this capital infusion is likely to support further scaling of its services, potential geographic reach, or investment in advanced manufacturing technologies. The enterprise-level context of its total funding suggests a mature operational framework poised for strategic growth and market consolidation.
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