How Much Did Lorig Construction Raise?
Funding & Key Investors

Lorig Construction has solidified its market position through a significant capital injection, bringing its total funding to $5M. This recent strategic investment of $5M underscores the firm's robust operational capacity and its critical role in regional infrastructure development. By securing this financing, the company is well-positioned to scale its heavy and highway construction capabilities, further cementing its status as a premier contractor in the Chicagoland area.

What is Lorig Construction?

Lorig Construction
ConstructionCivil Engineering Construction

Established in 1986, Lorig Construction has evolved into a cornerstone of the Illinois infrastructure sector. The firm specializes in complex heavy and highway construction, with a specific focus on bridge engineering, structural concrete, and advanced earth retention systems. With a workforce exceeding 350 professionals, the company maintains a competitive edge by self-performing a vast array of construction tasks. Their portfolio includes high-stakes projects for the Illinois Department of Transportation and various municipal entities, characterized by a commitment to quality and a dispute-free operational record. By integrating design-build services with engineering partners, Lorig Construction provides comprehensive solutions that address the evolving demands of modern civil infrastructure.

How much funding has Lorig Construction raised?

Lorig Construction has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Lorig Construction

PPP

Public-Private Partnership

What's next for Lorig Construction?

With the infusion of this recent capital, Lorig Construction is poised to accelerate its growth trajectory within the competitive landscape of heavy civil engineering. The strategic allocation of these funds will likely focus on expanding the firm's technical capabilities and enhancing its fleet of specialized equipment to meet the increasing demand for large-scale highway reconstruction. As the company continues to leverage its reputation for excellence, this financial backing provides the necessary liquidity to pursue larger, more complex design-build contracts. Moving forward, Lorig Construction is expected to maintain its focus on operational efficiency and safety, ensuring that it remains a preferred partner for governmental agencies and private stakeholders alike as they navigate the future of regional infrastructure development.

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Frequently Asked Questions Regarding Lorig Construction Financial Insights

What are the most recent funding rounds that Lorig Construction has completed, and what were the funding rounds?
Lorig Construction has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Lorig Construction has raised to date?
Lorig Construction has raised a total of $5M in funding to date.
How many funding rounds has Lorig Construction completed?
Lorig Construction has completed 1 funding rounds.
How much funding did Lorig Construction raise in its most recent funding round?
Lorig Construction raised $5M in its most recent funding round.
Who are the lead investors in Lorig Construction's latest funding round?
The lead investor in Lorig Construction's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Lorig Construction's history?
The largest funding round in Lorig Construction's history was $5M.
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