What is Panels Plus?
Panels Plus, Inc. operates as a premier contractor specializing in the design, build, and renovation of cold storage facilities. With a legacy spanning over three decades, the firm provides comprehensive solutions including the installation of insulated metal panels and high-performance cold storage doors. By maintaining a status as a qualified Union Contractor, the company ensures that its installation crews adhere to rigorous safety and cleanliness standards, which are critical for clients operating in sensitive food-related environments. Their market authority is derived from a deep understanding of industrial cooling requirements and a focus on maximizing client return on investment through technical precision and readily available inventory.
How much funding has Panels Plus raised?
Panels Plus has raised a total of $905K across 2 funding rounds:
Debt
$350K
Debt
$555K
Debt (2020): $350K with participation from PPP
Debt (2021): $555K led by PPP
Key Investors in Panels Plus
PPP
Public-Private Partnership
What's next for Panels Plus?
With the recent infusion of capital, Panels Plus is well-positioned to accelerate its growth trajectory and expand its footprint in the industrial infrastructure market. The strategic allocation of these funds will likely focus on enhancing service delivery capabilities, optimizing supply chain logistics for insulated components, and potentially scaling their specialized installation teams to meet the rising demand for modern, energy-efficient cold storage warehousing. As the company continues to leverage its 33-year track record, the focus remains on maintaining high-quality standards while scaling operations to support larger, more complex enterprise-level projects across the distribution landscape.
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