What is Maplewood Ice?
Established in 1970, Maplewood Ice has evolved from a local provider into a significant regional force in the manufacturing and distribution of ice products. The company maintains a diverse portfolio that includes high-volume bagged ice and specialized ice blocks for carving, alongside a value-added service model that provides refrigerated trailer rentals and professional ice carving connections. By producing over 3 million bags of ice annually, the firm has solidified its footprint across New York, Vermont, and Massachusetts. Under the leadership of David Wood, the organization has demonstrated consistent operational excellence, effectively bridging the gap between traditional manufacturing and modern logistics requirements in the cold chain sector.
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?
With this recent infusion of capital, Maplewood Ice is well-positioned to accelerate its growth trajectory and optimize its regional distribution network. The strategic focus will likely shift toward enhancing production efficiency and expanding the company's refrigerated logistics capabilities to meet the rising demand for reliable cold chain solutions. By leveraging this late-stage funding, the management team aims to fortify its market share in the Northeast, potentially exploring technological upgrades to its manufacturing facilities to sustain its impressive annual output. As the company continues to scale, the integration of advanced distribution analytics and expanded trailer fleet management will be critical in maintaining its competitive edge in the regional ice market.
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