What is Industrial Contracting & Rigging?
Founded in 1977, Industrial Contracting & Rigging is a comprehensive rigging organization offering specialized export and domestic packaging, warehousing, transportation, and crating services. The company has cultivated a global reputation for its profound expertise in rigging, crane services, and the plant relocation of industrial machinery. Its workforce comprises highly trained, certified riggers and unionized labor, ensuring the execution of high-quality projects, including those valued up to $8,000,000. Industrial Contracting & Rigging prioritizes cost-effective solutions and utilizes state-of-the-art equipment to maintain client satisfaction and confidence.
How much funding has Industrial Contracting & Rigging raised?
Industrial Contracting & Rigging has raised a total of $324K across 2 funding rounds:
Debt
$150K
Debt
$174K
Debt (2020): $150K with participation from PPP
Debt (2021): $174K led by PPP
What's next for Industrial Contracting & Rigging?
The recent strategic investment, characterized as part of a large-scale late-stage funding initiative, positions Industrial Contracting & Rigging for continued expansion and operational enhancement. This capital infusion is expected to bolster the company's capacity to undertake complex industrial relocation and rigging projects, potentially enabling further investment in advanced equipment and technology. The company's focus on cost-efficiency and client satisfaction, combined with its long-standing industry experience, suggests a strategic approach to leveraging this financing for sustained market leadership and service excellence.
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