What is New-Com?
New-Com, Inc. operates as a prominent contractor in Southern Nevada, integrating a portfolio of specialized construction entities. Its core components include TAB, a long-standing underground wet utilities and heavy civil contractor founded in 1959, and MMC Inc., a respected regional contractor established in 1969 known for its diverse construction projects. Further strengthening its capabilities is ACME Electric, recognized as one of the region's largest specialty electrical contractors. This consolidated expertise allows New-Com to address a broad spectrum of construction needs, serving a wide array of clients and contributing substantially to the development of Southern Nevada's infrastructure for over 60 years.
How much funding has New-Com raised?
New-Com has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in New-Com
PPP
Public-Private Partnership
What's next for New-Com?
The recent major strategic investment signals a new phase of expansion and operational enhancement for New-Com. This capital infusion is likely to fuel further integration of its subsidiary services, potentially enabling larger-scale infrastructure projects and the adoption of advanced construction technologies. The company's deep roots and established reputation in Southern Nevada position it favorably to leverage this backing for continued market leadership and sustained growth in the competitive contracting industry.
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