What is Canyon Contracting?
Canyon Contracting Inc. is a concrete construction firm established in 2003, specializing in commercial projects across government, private, and public sectors. The company consistently generates between $10-20 million in annual business, supported by a robust bonding capacity. Since its inception, Canyon Contracting has experienced responsible growth, including the strategic acquisition of L. Barrett Contracting in 2005. Its diverse portfolio encompasses schools, churches, multi-level concrete structures, parking garages, industrial facilities, and government projects. The company prides itself on employee retention, with many long-term staff members contributing to its operations. Canyon Contracting employs approximately 110 individuals, with twenty in management and administration, and the remainder in field operations and support.
How much funding has Canyon Contracting raised?
Canyon Contracting has raised a total of $2.9M across 2 funding rounds:
Debt
$1M
Debt
$1.9M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.9M led by PPP
Key Investors in Canyon Contracting
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Canyon Contracting?
The recent major strategic investment signals Canyon Contracting's intent to further scale its operations and potentially expand its market reach. This capital infusion is likely to support enhanced project acquisition, technological adoption in construction management, and possibly further strategic acquisitions. The company's focus on safety, quality, accuracy, and timely completion, coupled with its experienced workforce, positions it for continued success in securing and executing large-scale commercial and government contracts.
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