What is Tri State Surplus?
Established in 1987, Tri State Surplus serves as a cornerstone in the material handling equipment industry. The company specializes in the distribution of high-quality new and pre-owned industrial assets, including sophisticated conveyor systems, heavy-duty shelving, and precision lift tables. Operating from a sprawling 50,000-square-foot facility, the organization provides comprehensive logistics support, ranging from nationwide distribution to specialized onsite installation and equipment trade-in services. Their business model is specifically engineered to assist enterprises in optimizing their warehouse efficiency and scaling operational capacity through reliable, cost-effective infrastructure solutions.
How much funding has Tri State Surplus raised?
Tri State Surplus has raised a total of $125K across 1 funding round:
Debt
$125K
Debt (2021): $125K with participation from PPP
Key Investors in Tri State Surplus
PPP
Public-Private Partnership
What's next for Tri State Surplus?
With the infusion of this recent capital, Tri State Surplus is poised to accelerate its growth strategy by enhancing its inventory management systems and expanding its service delivery capabilities. The company is expected to focus on digitizing its supply chain operations and increasing its market share in the competitive industrial equipment landscape. By prioritizing operational excellence and customer-centric service models, the firm aims to capitalize on the increasing demand for scalable warehouse solutions, ensuring long-term sustainability and competitive advantage in a rapidly evolving industrial market.
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