Le Lézard
Classified in: Environment
Subject: Funding

Exceler Raises $5 Million From Opportunity Zone Fund to Accelerate Next-Generation, Sustainable, Exterior Wall Systems

Exceler Building Solutions ("Exceler"), the designer and manufacturer of exterior building panels based in Hazleton, Pennsylvania, has raised $5 million through an Opportunity Zone Fund designed to invest in the future of green building and the ongoing operations and growth strategy of the company. The Fund is targeted to raise a total of $20 million.

The funds will be used to drive the growth of the business while offering investors a very rare opportunity to defer, reduce and eliminate capital gains tax obligations through participation in the Exceler Opportunity Zone Growth Fund. As one of the few business-based opportunity zones available, investors can also participate directly in promoting clean, sustainable building and the success of the business.

The prefabricated exterior building panel industry is experiencing explosive growth, making it a highly promising sector for investment. This growth is driven by an increasing demand for efficient, sustainable, and cost-effective construction solutions at a time when there is a lack of skilled workers. Prefabricated panels reduce construction times, minimize waste, and offer high-quality, energy-efficient designs. These panels are factory-produced, allowing for rigorous quality control and customization to meet various architectural and design preferences.

As an investment, this sector represents an opportunity to capitalize on the growing trend towards sustainable and efficient construction methods. Moreover, the industry's scalability, combined with the global push for infrastructure development and green building initiatives, points towards a robust growth trajectory.

Exceler acquired the former 180,000-square-foot steel fabrication plant in December of 2020 to manufacture prefabricated exterior building panels and will employ an estimated 100 workers when at full capacity.

"Exceler is open for business and currently bidding on jobs nationwide," said Dan Metzler, Principal at Exceler. "Our cleaner, greener construction panels offer a faster, less expensive way to build a wide range of commercial and residential buildings. Hazleton, and our location specifically, offers a number of strategic advantages, including both rail and surface access to our markets as well as an ample local and skilled workforce."

Designated an Opportunity Zone when purchased, the Hazleton Keystone Opportunities Zone offers investors a way to create a positive impact on local communities by promoting job creation and economic development.

Traditionally tied to real estate investments, Opportunity Zones can also apply to businesses residing in these zones through the establishment of Investment Funds designed specifically to benefit businesses that locate there. In addition to offering investors a way to defer, reduce and eliminate capital gains taxes, business-related opportunity zones allow investors to enjoy the same benefits on the run-up in a business's value, which can far exceed real estate investments.

Hazleton Mayor Jeff Cusat said, "Exceler's plant means progress in our town. When people think of this plant they will think of green buildings and innovation."

Exceler uses cutting-edge design technology to create customized panels that streamline construction processes while reducing waste materials by up to 90%. These savings help clients across America reduce project costs while contributing positively towards environmental sustainability targets.

Business Opportunity Zones provide opportunities for socially responsible investing by helping struggling communities improve vital infrastructure like housing or transportation links. Investment capital helps facilitate these improvements without relying on taxpayers' contributions alone.

To learn more about investing in this rare, tax-free opportunity, contact Exceler at [email protected].

About Exceler Building Solutions
Exceler Building Solutions ("Exceler") produces high-quality, lightweight, and sustainable exterior panel building systems to meet any design, environment or job site. We help developers, owners, contractors, engineers, and architects build highly-affordable tailored wall panels faster with unlimited design options. Exceler improves ROI by speeding construction and restoration, simplifying installation, extending the construction season, and driving down maintenance and operations costs over time. Providing services to major markets nationwide, we assemble our wall panel systems using green materials which are manufactured in our controlled facility in Hazleton, PA by a team of Pennsylvania-trained skilled labor.

For more information about our products and services, please visit www.excelerusa.com.

Investment Disclaimer

Investing in Opportunity Zones carries risks and may not be suitable for all investors. The tax benefits associated with Opportunity Zones are complex and may be subject to change, and investors should consult with a tax professional to determine their specific tax situation. Investing in Opportunity Zones involves the risk of loss of capital, and the investments may not perform as expected. Investors should carefully consider the potential risks and rewards of this investment strategy before investing. This information is for educational purposes only and should not be construed as investment, legal, or tax advice. Any decision to invest in Opportunity Zones should be based on a thorough analysis of the potential risks and rewards and should be made with the assistance of professional advisors.

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