What is Nolin Rural Electric?
Founded in 1985 by Terry and Jackie Nolin, Nolin Rural Electric operates as a mid-sized, family-owned electrical contractor. The company offers a comprehensive suite of services to the electrical industry, including high-voltage splicing, design-build for new or renovated construction, quoted projects, bucket truck services, fire alarm system installation and testing, and telephone and computer network cabling. Nolin Rural Electric is committed to delivering exceptional service, adhering to industry best standards, and maintaining a prompt, courteous workforce. Their design-build and electrical construction services are meticulously tailored to client needs, with a strong emphasis on completing projects on time and within budget. The company's foundational beliefs center on providing quality work for fair pricing, coupled with superior customer service.
How much funding has Nolin Rural Electric raised?
Nolin Rural Electric has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Nolin Rural Electric
PPP
Public-Private Partnership
What's next for Nolin Rural Electric?
The recent major strategic investment indicates a pivotal moment for Nolin Rural Electric, suggesting a phase of accelerated growth or expansion. This capital infusion is likely to bolster the company's capacity to undertake larger projects, enhance its service offerings, or invest in new technologies. Given its history of on-time and in-budget project delivery, this strategic backing positions Nolin Rural Electric for continued success and potentially broader market reach within the electrical contracting industry.
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