Summit Environmental Contractors
Environmental Solutions for a Sustainable Future
San Juan Capistrano, CA
Environment
Technology
Summit Environmental is an established environmental consulting and contracting company who helps solve our nation’s most complex infrastructure modernization challenges. Our current portfolio of projects includes Highways and Bridges, Railroads, Bike Paths, Transit Centers, Airports, Sea Ports and Water Treatment Plants.
$102,484
raised
46
Investors
$19.5M
Valuation
$1.00
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on July 01, 2022 and is no longer accepting investments.
Reasons to Invest
Proven Leadership and Management Team with a track record of working together with success on 4+ billion dollars of infrastructure construction over the past decade.
Growing Customer Base including six of the top ten transportation infrastructure contractors in the U.S.
Our current backlog is close to $10 million, and our goal is to gain a significant market share.
OVERVIEW
The need for sustainable solutions to help modernize the nation’s transportation system has never been greater. In 2021 the US government passed a $1 trillion budget for nationwide infrastructure projects, including $44 billion in California alone. With a stable, growing revenue base, significant market expansion opportunities, and a forward-thinking plan, we believe Summit is positioned for significant growth by providing sustainable solutions for a resilient infrastructure and healthy environment.
To maximize this opportunity, Summit needs capital to grow and expand our operations. This gives investors the opportunity to invest in a proven contractor with more than 10 years of experience. Come join us in creating the future.
Valley View Contaminated Groundwater Treatment
Project Name: Caltrans Valley View Interchange
Summit works directly with infrastructure contractors and public agencies to identify and remediate environmental pollution, including soil and water contamination and remediate environmental concerns.
Case Study:
OCTA Raymond Avenue Grade Separation
The Orange County Transportation Authority (OCTA) hired Summit to provide environmental contracting and consulting services as part of the Burlington Northern Santa Fe (BNSF), Raymond Avenue Grade Separation project. This project was critical in reducing the vehicle congestion at this busy commercial train intersection. Due to past railroad usage significant contamination existed within the construction footprint - consequently prior to the construction Summit performed the following services:
- The collection and analysis of 230 soil samples collected along an approximate 4,800 foot stretch of railroad track and public right of way.
- Summit performed statistical analysis of the laboratory results to determine the waste characterization.
- Summit then provided the transportation and disposal for 80,000 tons of contaminated and hazardous material.
- The majority being repurposed for beneficial reuse.
THE PROBLEM
Environmental Pollution Issues are Detrimental to Our Future
Environmental pollution can be detrimental to infrastructure modernization and may cause project delays and health hazards. We believe the nation’s current infrastructure is outdated and needs to be modernized to provide for a more sustainable and healthier environment for the future.
THE SOLUTION
Green Solutions for a Sustainable Future
Summit provides environmental-based solutions for all aspects of construction infrastructure projects. Using advanced modeling and statistical technology, we quantify environmental issues in advance of construction.
By removing and recycling environmental pollution, Summit is helping provide a green, more sustainable, and modern infrastructure, resulting in reduced air emissions and more efficient public transportation system.
what we do
THE MARKET
Demand for Infrastructure Projects Is Greater Than Ever
With the new infrastructure bill, major construction companies and stakeholders are becoming more and more concerned with green infrastructure and the future of construction. According to the White House Fact Sheet, "America’s transit infrastructure is inadequate and in need of replacement" (White House, 2021). This is just the beginning. With a new budget of $550 billion, which is the largest federal investment to date; infrastructure and sustainability will pave the way for the future and is geared to take on green ideas such as zero emissions, low carbon technologies and more environmental savvy approaches to building.
At Summit, our projected total addressable market size for infrastructure projects in California is $44 billion for 2020-2026. We have over 325 prospects and are targeting five distinct markets: contractors, industry, government, consultants, and developers.
HOW WE ARE DIFFERENT
A Case Study with the California Department of Transportation
We believe what sets Summit apart from our competition is our unique blend of science, technology, and environmental contracting. In addition, a significant portion of the material removed by Summit is repurposed for beneficial reuse.
Summit provided both in charge environmental consulting and contracting services for the 200 million dollar Valley View interchange construction project for the California Department of Transportation (Caltrans). The construction job consisted of the widening of both the Valley View overcrossing and the I-5 freeway. As part of the construction, thirteen industrial properties and several government owned parcels previously determined to be contaminated were required to be excavated, stockpiled, sampled, characterized, and transported for proper disposal.
Summit's scope of services included the completion of the following plans: Site-Specific Health and Safety Plan, Sampling and Analysis Plan, Excavation Plan, Transportation Plan, and a Stockpile Management Plan. The field services provided included the sampling and analytical testing for 1200 stockpiles and 6000 samples and the characterization, transportation and beneficial reuse for more than 42,000 tons of contaminated material. In addition, Summit performed dewatering, sampling, and liquid disposal for more than 400,000 gallons of contaminated groundwater.
OUR TRACTION
Reaching Milestones, One Green Project at a Time
In 2020, Summit reached approximately $4 million in sales with a gross profit of $1.5 million.
- Our cumulative revenue for the past three years exceeded $10 million.
- Recent contracts awards of $9 million.
- Summit works with more than 50 infrastructure companies and that number is growing each year.
- We secured a four year contract for ongoing services on a Los Angeles County Metropolitan Transportation Authority railroad modification project through 2025.
- The marketplace for infrastructure is estimated at $1 trillion for 2022.
- Significant work opportunities with existing client base.
OUR VISION
Our vision is to dramatically increase market share through greater marketing efforts in order to capitalize on the rapidly growing infrastructure market.
To build on our success through steady growth, increased profitability, and extended services. Our focus is to provide our customers with exceptional services without sacrificing the quality or safety of our work.
WHY INVEST
Significant Market Value
Summit has developed into a successful company, with revenues of more than $10 million during the past three years. By providing the environmental based solutions required to support infrastructure and reduce global warming.The environmental infrastructure industry is booming and we believe there is unparalleled potential to expand our company now to take advantage of this opportunity.
- The current budget for infrastructure construction in 2022 will be more than $1 trillion.
- We believe Summit is positioned to capitalize on this opportunity and dramatically expand our business.
- Our current backlog of close to $10 million and future opportunities should allow us to gain significant market share.
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Offering Summary
Company | : | Aro Industries, Incorporated |
Corporate Address | : | 33161 Camino Capistrano, Suite F, San Juan Capistrano, CA 92675 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,069,999.00 |
Minimum Investment Amount(per investor) | : | $250.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 10,000 |
Maximum Number of Shares Offered | : | 1,069,999 |
Price per Share | : | $1.00 |
Pre-Money Valuation | : | $19,500,000.00 |
*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.
Voting Rights of Securities Sold in this Offering
Each Investor shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Investor’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Investor, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Investor pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Investor is an individual, will survive the death, incompetency and disability of the Investor and, so long as the Investor is an entity, will survive the merger or reorganization of the Investor or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives*
Invest $2,000 - Receive 5% Bonus Shares
Invest $5,000 - Receive 10% Bonus Shares
Invest $10,000 - Receive 20% Bonus Shares
Invest $25,000 - Receive 30% Bonus Shares
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Aro Industries, Incorporated (d/b/a Summit Environmental Contractors) will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.00 / share, you will receive 10 additional shares of Common Stock, meaning you'll own 110 Common Stock shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.
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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$772,262.00
USD
$762,009.00
USD
Cash And Cash Equivalents
$308,320.00
USD
$46,650.00
USD
Accounts Receivable
$445,473.00
USD
$709,861.00
USD
Short Term Debt
$140,290.00
USD
$225,355.00
USD
Long Term Debt
$21,120.00
USD
$45,667.00
USD
Revenues And Sales
$2,135,718.00
USD
$3,883,734.00
USD
Costs Of Goods Sold
$1,175,190.00
USD
$2,395,165.00
USD
Taxes Paid
$0.00
USD
$43,209.00
USD
Net Income
-$16,593.00
USD
$285,217.00
USD
Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
Invest in Efficiency! Are You Tired of The Same Old Roads? Invest & Make a Difference
12 days ago
Invest in Sustainability! Our Industry is Booming, Don't Miss This Opportunity!
16 days agoSTATE ROUTE 33 – FRESNO COUNTY, CA
This project involves the excavation,transportation, and disposal of 2,670 tons of Type Z-2 impacted hazardous material. Our services include:
Preparation of a Health and Safety Plan
Excavation and Transportation Plan
Lead Compliance Plan and Sampling
Air Monitoring & Lead Awareness Training
As well as an Analysis Plan for potential environmental impacts due to aerially deposited lead from vehicle exhaust. Our specialized Transportation and Disposal plan outlines the requirements for the handling of contaminated material that was removed from the Right-of-Way shoulder areas along northbound State Route 33 from Post Mile 69.3 to 70.9 in the city of Firebaugh located in Fresno County, California and was transported for disposal at a Class I disposal site.
Invest in safer road conditions and cleaner environments for our families, Invest in Summit.
INVEST WHILE YOU CAN! HEALTHIER ENVIRONMENTS & REBUILDING OUR HIGHWAYS
19 days ago
SUMMIT IS REBUILDING CALIFORNIA ONE PROJECT AT A TIME
23 days agoSANTA CRUZ RAIL TRAIL – SANTA CRUZ, CA
Summit Environmental Contractors provided environmental and contracting services as part of the Rail Trail Segment 7 project. The purpose of this project is to create a safer and more efficient pedestrian trail for the public. Summits’ part in achieving this, was the removal and disposal of over 8,000 tons of contaminated and hazardous material produced from the railroad that runs parallel to the pedestrian trail. Fieldwork included geotechnical surveyance, sampling and testing, hazardous material and lead training. An excavation and transportation plan (ETP) was also provided to outline proper handling and transportation of the job site and to increase worker safety.
SUMMIT IS EXCELLING IN INFRASTRUCTURE PROBLEMS ONE HIGHWAY AT A TIME
24 days agoINTERSTATE 710 –
LOS ANGELES COUNTY, CA
Summit Environmental Contractors provided environmental contracting services for construction activities located along an approximate 3.5-mile segment for both the north and south bound Interstate 710. Health and safety training was also conducted to protect workers and the public from hazards. Field work included sampling, testing and air monitoring for 1146 Compliance. Due to the high level of Aerially Deposited Lead (ADL) 6,417 Tons of hazardous material was removed and disposed of at a Class I landfill. Summit prepared a Lead Compliance Plan (LCP) and an Excavation and Transportation Plan (ETP) for the proper operating procedures of handling and transporting lead.
TIME IS PRECIOUS! THIS IS OUR LAST MONTH ON START ENGINE JOIN THE REVOLUTION!
25 days agoVALLEY VIEW INTERCHANGE –
LA MIRADA, CA
Summit provided both in charge environmental consulting and contracting services for the 200 million dollar Valley View interchange construction project for the California Department of Transportation (Caltrans). The construction job consisted of the widening of both the Valley View overcrossing and the I-5 freeway. As part of the construction, thirteen industrial properties and several government owned parcels previously determined to be contaminated required to be excavated, stockpiled, sampled, characterized and transported for proper disposal.
Summit's scope of services included the completion of the following plans: Site-Specific Health and Safety Plan, Sampling and Analysis Plan, Excavation Plan, Transportation Plan, and a Stockpile Management Plan. The field services provided included the sampling and analytical testing for 1200 stockpiles and 6000 samples and the characterization, transportation and disposal for more than 42,000 tons of contaminated material. In addition, Summit performed dewatering, sampling, and liquid disposal for more than 400,000 gallons of contaminated liquid.
Summit received high marks for safety, communication, efficiency and overall performance.
Insider Investment Notice
about 1 month agoOur Community Joins In! | Insider Investment Notice
We’re excited to see our community come in and invest in Summit Environmental Contractors.
Our Insiders have invested a total of $38,618.96 amount into the offering!
We hope you join as well! Invest in Summit Environmental Contractors
Please refer to the Company’s offering materials for further information and refer to the Company’s Risk Factors
EMPLOYEE OF THE MONTH
about 1 month ago
Employee of the Month - Rachel Banach! During her time at Summit as the Lead Estimator, she has increased both our client base and revenues. Her experience in estimating has fine-tuned Summit’s bidding process to allow Summit to bid on more projects, which has resulted in a record of backlog work.
CAN’T MISS THIS! SUMMIT WINS A 567K CONTRACT!
about 1 month ago
DO NOT MISS OUT!! Share This Opportunity!
about 2 months ago
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