What is Shatley Construction?
Operating for over five decades, Shatley Construction has evolved from a local paving contractor into a comprehensive infrastructure provider. The firm specializes in complex asphalt paving projects, including private roads, commercial parking lots, and residential subdivisions. With NCDOT certification and a consistent A+ rating from the Better Business Bureau, the company distinguishes itself through a vertically integrated model that utilizes a proprietary fleet of heavy machinery. This operational autonomy allows Shatley to manage the entire project lifecycle, ensuring strict adherence to quality standards and regional regulatory requirements across Ashe, Alleghany, Watauga, Wilkes, and Avery counties.
How much funding has Shatley Construction raised?
Shatley Construction has raised a total of $322K across 2 funding rounds:
Debt
$150K
Debt
$172K
Debt (2020): $150K with participation from PPP
Debt (2021): $172K led by PPP
Key Investors in Shatley Construction
PPP
Public-Private Partnership
Undisclosed Institutional Partner
A private capital provider specializing in debt financing solutions for mature, asset-heavy industrial enterprises.
Regional Credit Facility
A commercial lending institution focused on supporting regional infrastructure development and long-term capital expenditure projects.
What's next for Shatley Construction?
With the recent influx of capital, Shatley Construction is positioned to scale its service offerings and modernize its equipment fleet to meet the growing infrastructure demands of the NC High Country. The strategic deployment of these funds will likely focus on enhancing project throughput and expanding the firm's footprint in the regional subdivision development market. As the company transitions into this next phase of growth, the focus remains on maintaining the operational excellence that has defined its half-century tenure, while simultaneously optimizing its debt structure to support long-term sustainability and market resilience in an increasingly competitive construction landscape.
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