Arctaris Annual Impact Report: Financial Innovation. Community Impact.

Overview

Specialized Construction Incorporated (SCI) is a 60-year-old asphalt paving, repair, and maintenance provider in Cuyahoga County. SCI is one of the only contractors in the region that performs a specialized type of asphalt paving, single-press paving, which significantly reduces energy consumption and expedites construction time. With deep expertise and extensive experience in specialized paving, SCI has retained long-term customer relationships with municipal and commercial customers in Northeast Ohio for decades.

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Impact Thesis

Arctaris’ investment in SCI retains 40+ living wage construction jobs with the average wage of the labor jobs substantially above industry average. The new owner aspires to create 15 new living wage jobs in the next 5 years.

Website
Status Active
Year 2022
Location Cleveland, Ohio

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