What is Carolina Technical Plastics?
Carolina Technical Plastics Corp operates within the Plastic, Packaging & Containers industry. With a workforce of 100 to 249 employees and an estimated revenue between $1 million and $5 million, the company is a notable player in its market. The recent large-scale, late-stage funding indicates a strategic move to expand its operational capacity or market reach.
How much funding has Carolina Technical Plastics raised?
Carolina Technical Plastics has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Carolina Technical Plastics
PPP
Public-Private Partnership
What's next for Carolina Technical Plastics?
The substantial capital infusion, particularly the major strategic investment, suggests Carolina Technical Plastics is poised for significant expansion. This could involve scaling production, developing new product lines, or enhancing its distribution network. The company's focus on the plastic and packaging industry, coupled with this financial backing, indicates a strong outlook for future development and market penetration.
See full Carolina Technical Plastics company page
