What is Intex?
Established in 1975, Intex Corporation is a leader in the recycling of recoverable construction and demolition materials. The company operates five mobile crushing spreads across Minnesota, Iowa, and the eastern regions of North and South Dakota. Annually, Intex generates over 3 million tons of spec products, including crushed concrete, asphalt rubble, sand, gravel, and quarried rock, which are essential for road construction and demolition projects. With a dedicated team of 30 professionals, Intex is committed to delivering high-quality recycled aggregates and sustainable material solutions.
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
What's next for Intex?
The recent major strategic investment, within the context of Intex's large-scale late-stage funding, signals a strategic pivot towards scaling operations and potentially expanding its geographic footprint or technological capabilities. This capital will likely be deployed to enhance its mobile crushing infrastructure, optimize its supply chain for recycled aggregates, and further solidify its market share in the Midwest. The company's long history and established production capacity position it well for continued growth and leadership in the sustainable construction materials sector.
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