What is Maplewood Ice?
Maplewood Ice, a family-owned enterprise founded in 1970, specializes in the production and distribution of ice products, including bagged ice and ice blocks for carving. The company also provides refrigerated trailer rentals and facilitates connections with ice carving professionals. With operations spanning New York, Vermont, and Massachusetts, Maplewood Ice has achieved substantial expansion, now producing over 3 million bags of ice annually. The business continues its legacy under the management of David Wood and his family, emphasizing quality service and products.
How much funding has Maplewood Ice raised?
Maplewood Ice has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Maplewood Ice
PPP
Public-Private Partnership
What's next for Maplewood Ice?
The recent strategic investment, alongside the company's substantial total funding, positions Maplewood Ice for continued expansion and operational enhancement. Given the large-scale, late-stage funding context, the company is likely focused on scaling its distribution network, potentially exploring new market territories, or investing in advanced manufacturing technologies to meet growing demand. This capital infusion will be crucial for solidifying its market leadership and exploring adjacent service offerings within the cold chain logistics and event services sectors.
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