What is Rarig Construction?
Rarig Construction, Inc. is a venerable family-owned commercial construction business with roots tracing back to 1896. Serving the Central Coast of California, including San Luis Obispo, Santa Maria, and Santa Barbara, the company specializes in a comprehensive suite of construction services. These include tenant improvements, large-scale design-build programs, and the fabrication of pre-engineered metal buildings. Rarig Construction has established itself as the region's largest metal building contractor, focusing on non-residential projects such as wineries, offices, and manufacturing plants. Their commitment to integrity, dedication, and high-quality construction is matched by an experienced team dedicated to energy-efficient designs and fostering long-term partnerships to maximize project value.
How much funding has Rarig Construction raised?
Rarig Construction has raised a total of $718K across 2 funding rounds:
Debt
$350K
Debt
$368K
Debt (2020): $350K with participation from PPP
Debt (2021): $368K led by PPP
Key Investors in Rarig Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Rarig Construction?
The recent major strategic investment signifies a pivotal moment for Rarig Construction, likely enabling further expansion of its specialized services and geographic footprint. This capital infusion is expected to bolster its capabilities in undertaking larger design-build programs and enhancing its position as a leader in metal building construction. The company's long history and established reputation suggest a strategic deployment of these funds to reinforce its market dominance and explore new avenues for growth, potentially including technological advancements in construction or further diversification of project types. The sustained access to capital, including previous debt financing, points towards a robust operational model and strong investor confidence in its long-term viability and strategic direction.
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