
Highway, Street & Bridge Construction Contractors
Description
Brief Excerpt from Industry Overview Chapter:Companies in this industry construct highways, streets, roads, airport runways, sidewalks, and bridges. Major companies include AECOM, Bechtel, Granite Construction, and Kiewit (all based in the US), as well as Bouygues Construction and VINCI (both based in France), China Communications Construction Company (China), and Webuild (Italy).COMPETITIVE LANDSCAPEDemand is largely driven by the availability of government road building funds, population growth, and the need to replace or repair aging infrastructure. The profitability of individual companies depends on operating efficiencies and the ability to correctly estimate costs. Big companies have the resources and engineering skills necessary for large construction jobs. Small companies can compete effectively by bidding for smaller projects or by working as subcontractors on large projects. The US industry is highly fragmented, with the top 50 companies accounting for about 30% of industry's revenues.PRODUCTS, OPERATIONS & TECHNOLOGYHighway, street, and related work construction, accounts for about 40%, followed by construction services for maintenance and repair, and additions, renovations, and alterations account both for about 15% each.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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