What is Timber State Drilling & Construction?
Timber State Drilling & Construction, headquartered in Carlton, Oregon, is an established entity within the Forestry sector. The company, which employs between 1 to 4 individuals and reports revenues between $1M to $5M, focuses on drilling and construction services pertinent to timber operations. The recent capital infusion, following a debt financing of $84,000 in early 2021, positions the company for significant scaling and operational enhancement.
How much funding has Timber State Drilling & Construction raised?
Timber State Drilling & Construction has raised a total of $84K across 1 funding round:
Debt
$84K
Debt (2021): $84K with participation from PPP
Key Investors in Timber State Drilling & Construction
PPP
Public-Private Partnership
What's next for Timber State Drilling & Construction?
With the recent substantial expansion capital, Timber State Drilling & Construction is poised for a new phase of growth. This strategic investment, likely at a Series B/C stage, suggests a focus on increasing operational capacity, potentially expanding service offerings, or entering new geographic markets within the Forestry industry. The company's trajectory indicates a move towards solidifying its market position and leveraging its expertise in drilling and construction for larger-scale projects.
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