What is Delong's?
DeLongs, Inc., headquartered in Jefferson City, Missouri, is a prominent structural steel fabricator. The company specializes in the design and fabrication of critical infrastructure components, including bridges, structural steel, ornamental steel, and bridge parts. Serving the construction industry, DeLongs has contributed steel to bridges across twenty-one states. Their operational ethos centers on delivering high-quality fabricated structural steel at competitive price points, with a commitment to timely delivery. The company employs four registered professional engineers to provide expert client support, catering to architects, engineers, builders, and owners in both commercial and residential sectors.
How much funding has Delong's raised?
Delong's has raised a total of $4M across 2 funding rounds:
Debt
$2M
Debt
$2M
Debt (2020): $2M with participation from PPP
Debt (2021): $2M led by PPP
Key Investors in Delong's
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Delong's?
The substantial enterprise-level funding, coupled with the recent strategic investment, positions Delong's for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in fabrication technology, capacity expansion, and potentially new market penetration. The company's focus on infrastructure projects suggests that future growth will be closely tied to public and private sector construction initiatives. Delong's strategic use of debt financing in the past indicates a disciplined approach to capital management, suggesting that future investments will be carefully considered to maximize shareholder value and maintain a competitive edge in the structural steel fabrication market.
See full Delong's company page
