What is Process Systems Incorporated Construction Company?
Process Systems Incorporated Construction Company (PSICC) operates as an unlimited merit-shop industrial general contractor. The company specializes in the fabrication and erection of structural and miscellaneous steel, installation of process and mechanical equipment, process and utility piping, and concrete building and equipment foundations. PSICC is licensed to operate in approximately 25 states and self-performs direct-hire work for about 75% of its projects, demonstrating a robust in-house capability for complex industrial construction.
How much funding has Process Systems Incorporated Construction Company raised?
Process Systems Incorporated Construction Company has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Process Systems Incorporated Construction Company
PPP
Public-Private Partnership
What's next for Process Systems Incorporated Construction Company?
The recent major strategic investment indicates a phase of accelerated growth and expansion for Process Systems Incorporated Construction Company. This capital infusion is likely to support the company's ongoing projects across multiple states and potentially enable further self-performance capabilities or the acquisition of new technologies. The enterprise-level nature of the funding suggests a focus on scaling operations and solidifying its market position within the industrial construction sector.
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