What is Lytle Electric?
Lytle Electric Company, a stalwart in the electrical contracting industry since 1947, is distinguished by its unwavering commitment to superior customer service and a highly skilled workforce. Affiliated with both the International Brotherhood of Electrical Workers (IBEW) and the National Electrical Contractors Association (NECA), the company ensures a team that is both drug-free and possesses extensive experience. Lytle Electric's dedication to safety is highlighted by its award-winning Safety Program, which prioritizes the well-being of its employees and the safety of job sites. The company's operational excellence was further recognized in 2013 when it was named Marathon Petroleum Company's Elite Contract Business Partner.
How much funding has Lytle Electric raised?
Lytle Electric has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for Lytle Electric?
The recent major strategic investment signals a new phase of growth and operational enhancement for Lytle Electric. This capital infusion is expected to bolster the company's capacity to undertake large-scale projects and potentially expand its service offerings or geographic reach. As an established entity with a strong safety record and industry affiliations, Lytle Electric is well-positioned to leverage this backing for further development and to solidify its market leadership in electrical contracting.
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