What is Tri County Pallet?
Founded in 2002 and re-branded as TCP in December 2020, Tri County Pallet is a family-owned and operated business based in Akron, Ohio. The company specializes in the recycling and refurbishment of wooden pallets, diverting them from landfills. TCP's operational model involves purchasing used pallets, repairing them to extend their lifespan, and reselling them to businesses. Complementing its core recycling operations, TCP also processes scrap wood and unrepairable pallets into mulch for landscaping purposes, further contributing to resource efficiency and waste reduction. The company's commitment to environmental sustainability is a key aspect of its business strategy.
How much funding has Tri County Pallet raised?
Tri County Pallet has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Tri County Pallet?
The recent strategic investment of $350K signals a period of significant growth and potential expansion for Tri County Pallet. As a company operating in the late-stage funding environment, this capital infusion is likely to support scaling operational capacity, enhancing technological capabilities for pallet processing, and potentially expanding its geographic reach within the Midwest. TCP's focus on sustainability and the growing demand for recycled materials position it for continued success in the industrial supply chain and waste management sectors.
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