What is Lasco Construction?
Lasco Construction, established in 1974 and based in Hobbs, New Mexico, is a seasoned builder serving the Permian Basin. The company offers a comprehensive suite of construction services, adept at managing projects ranging from minor renovations to extensive commercial developments. With a portfolio exceeding 1,000 completed projects, Lasco Construction has built a reputation for quality, integrity, and community engagement. Their experienced leadership team leverages decades of industry expertise to deliver reliable and high-caliber construction solutions, positioning them as a trusted partner in the region's development.
How much funding has Lasco Construction raised?
Lasco Construction has raised a total of $805K across 2 funding rounds:
Debt
$350K
Debt
$455K
Debt (2020): $350K with participation from PPP
Debt (2021): $455K led by PPP
Key Investors in Lasco Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Lasco Construction?
The recent major strategic investment signals a pivotal moment for Lasco Construction, likely enabling further expansion of its service capabilities and geographic reach within the Permian Basin. This capital infusion is expected to support the company's ongoing commitment to quality craftsmanship and its strategic growth objectives. As an established entity in the construction sector, Lasco Construction is poised to leverage this backing to enhance its operational capacity and potentially pursue larger-scale commercial projects, reinforcing its market leadership and commitment to serving its community.
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