What is PLastic Plus?
Founded in 1985 by Michael Lumsden, Plastic Plus Inc. has established itself as a key provider of thermal plastic fabrication services. The company offers an extensive array of plastic fittings, including custom-designed elbows, blast gates, pipes, and ducts, primarily serving the HVAC industry. Beyond its core product offerings, Plastic Plus also excels in fabricating and repairing various industrial items such as hoods, tanks, and pans, demonstrating a versatile capability in delivering durable and adaptable plastic solutions to its clientele.
How much funding has PLastic Plus raised?
PLastic Plus has raised a total of $13K across 1 funding round:
Debt
$13K
Debt (2021): $13K with participation from PPP
Key Investors in PLastic Plus
PPP
Public-Private Partnership
What's next for PLastic Plus?
With the recent infusion of moderate growth capital, Plastic Plus is poised to enhance its manufacturing capabilities and expand its market reach. The Series A/B growth stage funding is expected to fuel strategic initiatives, potentially including the adoption of advanced fabrication technologies and the broadening of its product lines to meet evolving industry demands. This investment will likely enable Plastic Plus to solidify its position as a leader in custom thermal plastic fabrication, further optimizing its service offerings for the HVAC sector and beyond.
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