Stoneco of Michigan is a longstanding player in the manufacturing industry, with a rich history dating back to 1900. Specializing in the supply of crushed limestone, sand, and gravel, the company has cemented its position as a leading provider in Michigan, offering a diverse range of materials, including MDOT, ODOT, and commercial products tailored for various construction projects. The company's most recent milestone was a $467.50M Post-IPO debt investment, secured on 18 December 2023, with the backing of U.S. DFC. This substantial investment reflects the market's confidence in Stoneco's potential and signifies a pivotal moment in the company's journey.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Debt | $467.50M | 1 |
|
18 Dec 2023 |
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