What is Intex?
Intex Corporation operates as a specialized provider of environmentally sound recycling solutions for construction and demolition materials. The company maintains a robust market presence through five mobile crushing spreads that service Minnesota, Iowa, and the Dakotas. By processing over 3 million tons of material annually—including crushed concrete, asphalt rubble, and quarried rock—Intex provides essential raw materials for large-scale road and demolition projects. Its business model effectively bridges the gap between waste management and infrastructure development, positioning the firm as a vital component of the circular economy in the construction industry.
How much funding has Intex raised?
Intex has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Intex
PPP
Public-Private Partnership
What's next for Intex?
With the support of this late-stage funding, Intex is poised to optimize its mobile crushing capabilities and expand its footprint in the regional aggregate market. The strategic focus will likely shift toward enhancing operational efficiency and integrating advanced material processing technologies to further reduce the carbon footprint of its clients' projects. As the construction sector continues to prioritize sustainable sourcing, Intex is strategically aligned to capture additional market share by providing reliable, high-spec recycled materials. The company's long-term trajectory suggests a continued commitment to scaling its mobile infrastructure to meet the evolving needs of the heavy civil engineering and demolition sectors.
See full Intex company page