What is Lorig Construction?
Lorig Construction Company, established in 1986, is a prominent contractor specializing in heavy and highway construction across the Chicagoland area. The firm's core competencies include bridge and structural concrete work, road construction, and earth retention systems. Serving key clients such as the Illinois Department of Transportation and various county and municipal bodies, Lorig Construction has a proven track record on major highway reconstruction projects. With a workforce exceeding 350 employees, the company possesses the capacity for extensive self-performance and collaborates with engineering firms to offer design-build services. Its sustained success is evidenced by annual awards from governmental agencies and a consistent dispute-free operational history.
How much funding has Lorig Construction raised?
Lorig Construction has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in Lorig Construction
PPP
Public-Private Partnership
What's next for Lorig Construction?
The recent major strategic investment signals a pivotal phase for Lorig Construction, likely aimed at expanding its operational capacity, investing in new heavy equipment, or undertaking larger-scale infrastructure projects. This infusion of capital, following a substantial total funding amount, positions the company for continued growth and market leadership in the competitive Chicagoland construction landscape. Future endeavors may involve further diversification of services or strategic partnerships to enhance its project execution capabilities.
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