What is Gears?
Gears, Inc., founded in Colorado in 1975, has a rich history in project construction, specializing in highways, utilities, dams, golf courses, and airports. A notable achievement was the 1986 modification of Colorado's Spring Creek Dam, which was the first earth embankment dam in Colorado to undergo rehabilitation using Roller-Compacted Concrete (RCC) for inadequate spillway capacity, and globally, the highest dam to be rehabilitated with this cost-effective method. Since this success, Gears has been involved in 32 RCC projects across the United States and Canada, mixing approximately 1,224,725 tons of RCC. The company has participated in mixing and placement on 9 projects, mixing only on 18, and served as the prime contractor on 5 overtopping projects, providing a contractor's perspective on RCC spillway construction.
How much funding has Gears raised?
Gears has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Gears
PPP
Public-Private Partnership
What's next for Gears?
With its substantial total funding and recent strategic investment, Gears is well-positioned for continued growth and innovation in the specialized dam and infrastructure modification sector. The company's extensive experience with RCC technology, particularly in complex rehabilitation projects, suggests a strategic focus on leveraging this expertise for future large-scale infrastructure development and upgrades. This capital infusion will likely support the expansion of its project portfolio, technological advancements in construction methods, and potentially broader market penetration.
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