Brief Excerpt from Industry Overview Chapter:
Companies in this industry set stones; lay bricks, cement, and glass blocks; apply stucco; prepare foundations; and perform other masonry work. Major companies, all based in the US, include C A Lindman, Dee Brown, McGee Brothers, Sun Valley Masonry, and Western Specialty Contractors.
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. The industry is fragmented with the top 50 largest firms accounting for roughly 15% only.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major sources of revenue for masonry contractors include single-family homes, which account for more than 40% of the industry's revenue and followed by additions, renovations, and alterations (20%), and new educational buildings (about 20%). Other services also include maintenance and repair.
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