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Business Summary
The Company engages in the construction of bridges and drainage structures, operating with over 20 years of experience. Within the bridge construction segment, the Company constructs new bridges as engineered by the state. Over 70% of revenue is derived from this service segment.
In the drainage construction segment, the Company constructs box-like concrete culverts that are used for drainage purposes. The Company also provides rehabilitation work on existing bridges, particularly rebuilding the bridge’s rail, deck and beams.
The Company primarily facilitates construction projects for the State Transportation Department as well as for various cities, counties and federal agencies. The State Department of Transportation is the recipient of nearly $500 million in federal funds. The Company maintains strong relations with these public institutions and is proactive in its efforts to acquire new contracts.
There has been an increase in the number of construction projects in the Central U.S. due to successful lobbying by public interest groups, which have documented substantial evidence regarding the deterioration in the region’s bridges and highways. The Company has benefited from the recent increase in funding and expects to achieve significant growth going forward.
