What is Ferrell Paving?
Founded in 1959 and incorporated in 1967, Ferrell Paving, Inc. has built a robust reputation for performing street, drainage, highway, and sitework projects. The company offers a comprehensive suite of services including grading, paving bases, sanitary and storm sewers, watermains, concrete flatwork, box bridges, and channel lined ditches. Notable past projects include significant roadway work for the Tennessee Department of Transportation and an aircraft ramp expansion for Federal Express Corporation, demonstrating their capability to handle large-scale infrastructure demands. With over 300 employees and more than 550 pieces of equipment across multiple specialized crews, Ferrell Paving emphasizes flexibility and a "one-stop shopping" approach for clients in the Memphis region. Through affiliated companies, Stabilization, Inc. and Metro Materials, Inc., they also provide soil stabilization, aggregate materials, and ready-mixed concrete, further solidifying their integrated service model.
How much funding has Ferrell Paving raised?
Ferrell Paving has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Ferrell Paving?
The recent strategic investment in Ferrell Paving signals a commitment to continued growth and operational excellence within the infrastructure sector. As a company with a deep history and a broad range of capabilities, this capital infusion is likely to support fleet modernization, expansion into new project types, or enhanced capacity for existing contracts. Given its late-stage funding context, Ferrell Paving is well-positioned to leverage this backing for further market penetration and to maintain its competitive edge in large-scale public and private works.
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