What is Summit Gypsum Supply?
Summit Gypsum Supply is an independently owned drywall distribution company headquartered in Trenton, NJ. The firm specializes in providing a comprehensive suite of materials, including drywall, steel framing, ceiling systems, and insulation, catering to multifamily, commercial, and residential construction projects. By fostering strong relationships with contractors, builders, and suppliers, Summit ensures dependable service and punctual material delivery. The company leverages a strategically located rail-side yard and a modern fleet to optimize its supply chain, emphasizing efficiency and cost control. Their customer-centric approach and localized decision-making enable the provision of customized delivery solutions tailored to the specific demands of each project.
How much funding has Summit Gypsum Supply raised?
Summit Gypsum Supply has raised a total of $458K across 2 funding rounds:
Debt
$150K
Debt
$308K
Debt (2020): $150K with participation from PPP
Debt (2021): $308K led by PPP
Key Investors in Summit Gypsum Supply
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Summit Gypsum Supply?
As a company engaged in large-scale late-stage funding, Summit Gypsum Supply is poised for significant expansion and operational enhancement. The recent strategic investment suggests a focus on solidifying its market leadership, potentially through infrastructure upgrades, fleet expansion, or broader geographic reach. This capital infusion will likely enable Summit to further optimize its supply chain efficiencies and reinforce its commitment to providing timely and cost-effective material solutions to its diverse client base in the construction sector.
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