What is Riggins?
Riggins Company, a prominent custom design, weldment, and fabrication firm based in Hampton Roads, has a legacy spanning over half a century. Evolving from a small custom fabrication shop, Riggins has become a trusted name, serving diverse sectors including the Department of Defense (DOD), Aerospace, and specialty chemical industries. The company prides itself on delivering high-quality specialty welding and fabrication, coupled with a commitment to exceptional customer service, ensuring a 'Custom-To-The-Core' experience for every client. Their expertise lies in providing tailored solutions for complex design and fabrication needs.
How much funding has Riggins raised?
Riggins has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Riggins?
With substantial late-stage funding and a recent strategic investment, Riggins is poised for significant expansion and operational enhancement. This capital infusion is expected to fuel advancements in their fabrication capabilities, potentially enabling Riggins to take on larger-scale projects and further penetrate high-demand sectors like defense and aerospace. The company's focus on custom solutions and its long-standing industry reputation provide a strong foundation for leveraging this new financing to solidify its market leadership and explore new avenues for growth and innovation in specialty fabrication.
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