Morgan Asphalt, founded in 1994 by Thomas Morgan, is a privately held construction company based in Salt Lake City. Specializing in paving services for roadway construction and parking facilities, the company operates in various counties including the Wasatch Front, Tooele, Summit, and Wasatch. Beyond paving, Morgan Asphalt offers a range of additional services such as excavation, grading, utility/piping, and milling. Notably, the company has expanded its offerings to include concrete services, encompassing curb, gutter, and sidewalk installation. With a strong foothold in the construction industry, Morgan Asphalt exemplifies dedication to quality and innovation with its slogan "Morgan Means More!" As a venture capitalist, it's essential to note the potential for growth and expansion within the construction sector demonstrated by Morgan Asphalt. The company's robust portfolio of services, combined with its long-standing presence since 1994, positions it as an attractive investment opportunity. Given its location in the United States, a region with substantial infrastructure development, the prospects for Morgan Asphalt are promising. Additionally, the recent addition of concrete services signifies a strategic move towards diversification and increased market competitiveness. While specific investment details are not provided, the absence of last investment information presents an opportunity for venture capitalists to initiate discussions with Morgan Asphalt. Building a partnership with this well-established company could offer significant potential for mutual growth and success within the construction industry. As the company continues to expand its services and solidify its market presence, it becomes an increasingly attractive prospect for investment and collaboration.
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