What is Elcor Construction?
Elcor Construction, headquartered in Rochester, MN, is a prominent provider of comprehensive excavation and construction services across Southeast Minnesota. With a legacy spanning over 35 years, the company has cultivated expertise in earthwork, underground utilities, asphalt paving, demolition, and snow removal. Elcor Construction serves both commercial and residential clients, demonstrating a commitment to delivering innovative solutions for complex projects. Their operational philosophy emphasizes integrity, responsibility, and community engagement, aiming to build a stronger regional infrastructure.
How much funding has Elcor Construction raised?
Elcor Construction has raised a total of $1.4M across 2 funding rounds:
Debt
$350K
Debt
$1M
Debt (2020): $350K with participation from PPP
Debt (2021): $1M led by PPP
What's next for Elcor Construction?
The recent major strategic investment positions Elcor Construction for continued growth and market leadership. This capital infusion is likely to support the expansion of service offerings, investment in advanced construction technologies, and potentially geographic market penetration. As a company with a long-standing track record and a focus on community development, Elcor Construction is poised to leverage this financing to enhance its capabilities and solidify its reputation as a key player in the regional construction industry.
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