What is Tim Olson Construction?
Tim Olson Construction Inc. is a family-owned entity headquartered in Buffalo, South Dakota, with a robust operational footprint spanning the Dakotas and Montana. Established in 1987, the company has cultivated over five decades of collective industry experience, specializing in General Contracting, Construction, and comprehensive Oilfield Services. Their commitment to operational excellence is highlighted by an exemplary safety record, maintaining zero lost-time accidents since 2012. The firm's service portfolio is extensive, encompassing Hydro Excavation, Concrete work, Industrial Steel erection, and a variety of specialized oilfield solutions. Tim Olson Construction prides itself on fostering strong, trust-based relationships with clients and contractors, aiming to deliver superior project outcomes through effective collaboration and a dedication to exceeding expectations.
How much funding has Tim Olson Construction raised?
Tim Olson Construction has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$674K
Debt (2020): $350K with participation from PPP
Debt (2021): $674K led by PPP
What's next for Tim Olson Construction?
The recent major strategic investment signals a pivotal moment for Tim Olson Construction, likely enabling further expansion of its service capabilities and geographic reach. This capital infusion is expected to bolster its capacity to undertake larger-scale projects and potentially invest in advanced technologies or equipment to enhance efficiency and service offerings. Given its long-standing history and focus on core services like general contracting and oilfield support, the company is well-positioned to leverage this financing for sustained growth and to solidify its market leadership in the region.
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