Structural Steel & Precast Concrete Contractors

Structural Steel & Precast Concrete Contractors

Brief Excerpt from Industry Overview Chapter:

Companies in this industry erect and assemble structural steel and precast concrete components; they may also assemble and install steel reinforcing bar (rebar) and steel rods, mesh, and cages for the reinforcing of poured-in-place concrete. Major US companies include Baker Concrete Construction, CP Buckner Steel Erection, DBM Global, High Industries, and Lexicon.

COMPETITIVE LANDSCAPE

Demand is driven by residential, commercial, and government-funded construction activity. The profitability of individual companies depends on accurate cost estimation and efficient project management. Large companies have economies of scale in marketing and purchasing. Small companies can compete effectively by specializing.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major projects of steel and precast concrete contractors include construction services of new office buildings and all other new nonresidential buildings, both accounting for about 10% of industry revenue. In addition, projects also include construction services for new educational buildings, new commercial warehouses, and new stores, all about 5%, each. Other projects are accounting for about 65%.