What is Quaker Sales?
Quaker Sales Corporation is a family-owned and operated entity with a rich history dating back to 1929. The company specializes in asphalt supply and paving services, catering to a diverse clientele that includes municipal roadways, commercial and industrial sites, and private parking lots and driveways. As a PennDOT prequalified contractor, Quaker Sales is recognized for its proficiency in asphalt mixing and its commitment to delivering high-quality paving solutions. Operating state-certified plants in Johnstown and Northern Cambria, the firm leverages advanced asphalt technologies to enhance road construction.
How much funding has Quaker Sales raised?
Quaker Sales has raised a total of $2.1M across 2 funding rounds:
Debt
$150K
Debt
$2M
Debt (2020): $150K with participation from PPP
Debt (2021): $2M led by PPP
Key Investors in Quaker Sales
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Quaker Sales?
The recent major strategic investment signifies a pivotal moment for Quaker Sales, likely enabling further expansion of its operational capacity, technological upgrades, or market penetration. Given its established reputation and PennDOT prequalification, this capital infusion is expected to bolster its competitive edge in serving municipal and commercial paving needs across Western Pennsylvania. The company's focus on advanced asphalt technologies suggests a strategic direction towards innovation and efficiency in its road-building endeavors.
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