What is Scurlock Electric?
Established in 1980 and headquartered in South Louisiana with additional operations in Houston, TX, Scurlock Electric is a family-owned enterprise specializing in electrical parts and comprehensive solutions. The company has carved a niche by serving the stringent requirements of the Navy and Commercial Marine industries, alongside a growing presence in the Offshore Wind sector. Their product portfolio encompasses a wide array of high-quality electrical components engineered for marine, oil field, and industrial applications, emphasizing reliability and operational efficiency for their clientele.
How much funding has Scurlock Electric raised?
Scurlock Electric has raised a total of $845K across 2 funding rounds:
Debt
$350K
Debt
$495K
Debt (2020): $350K with participation from PPP
Debt (2021): $495K led by PPP
What's next for Scurlock Electric?
The recent major strategic investment signals a pivotal moment for Scurlock Electric, likely enabling further expansion of its operational capabilities and market reach. This capital infusion is expected to bolster its capacity to support the evolving needs of the marine and offshore wind industries, reinforcing its position as a key supplier in these vital economic areas. The company's established track record and focus on specialized sectors suggest a trajectory geared towards sustained growth and enhanced service delivery.
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