How Much Did Utility Precast Raise?
Funding & Key Investors

Utility Precast, Inc. has solidified its market position through a significant capital infusion, marking a pivotal moment in its long-standing operational history. With a total funding accumulation of $350K, the firm continues to leverage its established reputation in the concrete manufacturing sector. This recent funding amount of $350K represents a major strategic investment designed to bolster production capabilities and expand regional service capacity across the Carolinas.

What is Utility Precast?

Utility Precast
ManufacturingBuilding Materials

Established in 1972 and headquartered in Concord, North Carolina, Utility Precast, Inc. operates as a specialized manufacturer of precast and prestress concrete products. As a PCI-certified entity, the company maintains rigorous quality standards, serving as a critical supplier for both the North and South Carolina Departments of Transportation. By bridging the gap between public infrastructure requirements and private sector construction needs, the firm has become an essential component of the regional industrial supply chain, providing durable, high-performance concrete solutions for complex engineering projects.

How much funding has Utility Precast raised?

Utility Precast has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Utility Precast

PPP

Public-Private Partnership

What's next for Utility Precast?

The infusion of capital signals a transition toward enhanced operational efficiency and potential market expansion. Given the company's late-stage lifecycle, the focus is expected to shift toward scaling manufacturing throughput and integrating advanced casting technologies to meet the rising demand for resilient infrastructure. By optimizing its production footprint, Utility Precast is well-positioned to capitalize on regional development trends, ensuring that its long-term growth trajectory remains aligned with the evolving needs of the transportation and commercial construction sectors.

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Frequently Asked Questions Regarding Utility Precast Financial Insights

What are the most recent funding rounds that Utility Precast has completed, and what were the funding rounds?
Utility Precast has recently completed 1 funding rounds: Debt on Jun 15, 2020.
What is the total amount of funding Utility Precast has raised to date?
Utility Precast has raised a total of $350K in funding to date.
How many funding rounds has Utility Precast completed?
Utility Precast has completed 1 funding rounds.
How much funding did Utility Precast raise in its most recent funding round?
Utility Precast raised $350K in its most recent funding round.
Who are the lead investors in Utility Precast's latest funding round?
The lead investor in Utility Precast's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Utility Precast's history?
The largest funding round in Utility Precast's history was $350K.
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