What is Summit Gypsum Supply?
Summit Gypsum Supply is an independently owned drywall distribution company headquartered in Trenton, NJ. The firm specializes in providing a comprehensive range of drywall, steel framing, ceiling systems, insulation, and associated accessories tailored for multifamily, commercial, and residential construction projects. By fostering robust partnerships with contractors, builders, and suppliers, Summit ensures dependable service and punctual material delivery. The company leverages a strategically located rail-side yard and a modern fleet to optimize its supply chain, emphasizing efficiency and cost control. Their customer-centric approach and localized decision-making enable the provision of customized delivery solutions to meet diverse project requirements.
How much funding has Summit Gypsum Supply raised?
Summit Gypsum Supply has raised a total of $458K across 2 funding rounds:
Debt
$150K
Debt
$308K
Debt (2020): $150K with participation from PPP
Debt (2021): $308K led by PPP
What's next for Summit Gypsum Supply?
The recent major strategic investment signals a new phase of growth for Summit Gypsum Supply, likely enabling the company to enhance its operational capacity, expand its product offerings, or broaden its geographic reach. Given the large-scale, late-stage funding context, Summit is poised to solidify its market leadership and potentially explore new avenues for development within the construction supply chain. This capital infusion is expected to fuel strategic initiatives aimed at further optimizing its supply chain and reinforcing its commitment to serving the construction industry.
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