What is Lowder?
Founded in 1953 and headquartered in Winston-Salem, NC, Lowder, Inc. is a seasoned provider of comprehensive site development and utility construction services. The company caters to commercial and industrial clients, offering a robust suite of capabilities including erosion control, site clearing, grading, storm drainage, and essential utilities. Further enhancing its service portfolio, Lowder, Inc. also manages paving and finish work through strategic subcontracting. Serving the Piedmont Triad region, the company employs a dedicated workforce of 90 professionals and is recognized for its unwavering reliability and extensive experience, backed by an Unlimited General Contracting License.
How much funding has Lowder raised?
Lowder has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Lowder
PPP
Public-Private Partnership
What's next for Lowder?
The substantial capital infusion, particularly the recent strategic investment, positions Lowder, Inc. for continued expansion and operational enhancement. As a company with a legacy dating back to 1953, this backing suggests a focus on scaling its proven capabilities, potentially through acquiring new technology, expanding its service area within North Carolina, or increasing its capacity to handle larger, more complex projects. The late-stage funding context indicates a mature company leveraging financial markets to solidify its leadership in the site development and utility construction industry.
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