What is Lollis Metals?
Lollis Metals, situated in Anderson, SC, operates a substantial 93,000-square-foot facility dedicated to delivering premier OEM products and field services throughout the Mid-Southeast region. The company excels in a comprehensive suite of metal fabrication services, including advanced laser cutting, expert welding, and high-quality powder coating, all executed under stringent ISO 9001 quality management standards. Further enhancing its capabilities, Lollis Metals integrates the expertise of Temco of the Upstate, a recognized leader in CNC machining, into its operational framework. This synergy allows Lollis Metals to adeptly address a broad spectrum of client fabrication requirements with precision and reliability.
How much funding has Lollis Metals raised?
Lollis Metals has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$648K
Debt (2020): $350K with participation from PPP
Debt (2021): $648K led by PPP
Key Investors in Lollis Metals
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Lollis Metals?
The recent major strategic investment signals a pivotal phase for Lollis Metals, likely enabling expansion of its operational capacity, technological advancements in its fabrication processes, or strategic market penetration. This capital infusion is expected to fortify its position as a key provider of OEM products and services in the Mid-Southeast, potentially leading to increased market share and the development of new client partnerships. The company's commitment to quality, evidenced by its ISO 9001 certification and integration of specialized machining services, positions it for sustained growth and innovation in the competitive metal fabrication industry.
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