[Ranking] TOP 25 Utility System Construction / Construction Companies Q3/2023
Intro
The utility system construction industry plays a vital role in the global economy, providing the essential infrastructure needed to deliver electricity, water, and gas to communities around the world. From power plants to water treatment facilities, these projects are critical for economic development and the well-being of society.
With its profound influence, the utility system construction industry has ripple effects across diverse sectors. Reliable access to utility services is crucial for businesses to operate efficiently, healthcare facilities to provide quality care, and households to meet their basic needs. The industry's impact extends far beyond construction, driving economic growth and enabling progress in other industries.
The economic magnitude of the utility system construction industry is staggering, and its trajectory continues to rise. With increasing urbanization and population growth, the demand for new infrastructure projects is on the rise. According to market research, the industry is expected to experience substantial growth in the coming years, presenting opportunities for both established and emerging companies in the field.
Recent trends, breakthroughs, and obstacles are shaping the utility system construction industry. Advancements in renewable energy technologies are revolutionizing power generation, while aging infrastructure poses challenges that require innovative solutions. Additionally, the industry is adapting to new regulations and sustainability goals, driving companies to explore more efficient and environmentally friendly construction methods.
The landscape of the utility system construction industry is constantly evolving, presenting both challenges and opportunities for companies in the sector. Technological advancements, shifts in government policies, and changing consumer demands are reshaping the industry's dynamics. Exploration of the top companies in this sub-industry is essential to understand how they navigate these changes and contribute to the growth and development of the utility system construction sector.
Ranking
#25 Willbros Group
Employees: 1.2K
Revenue: 700M$
Website: https://www.willbros.com
Description: Willbros Group is a leading provider of construction services in the Utility System Construction industry. Headquartered in Houston, Texas, the company has been operating since 1908. With a workforce of approximately 1,200 employees, Willbros Group specializes in the construction, maintenance, and rehabilitation of utility systems such as pipelines, power transmission lines, and water treatment facilities. The company's expertise and experience enable them to deliver high-quality projects that meet the needs of their clients. Willbros Group has achieved significant success and has generated a revenue of 700 million dollars, making them a prominent player in the Utility System Construction sector.
#24 Great Lakes Dredge & Dock Corporation
Employees: 1.6K
Revenue: 1.1B$
Website: https://www.gldd.com
Description: Great Lakes Dredge & Dock Corporation is a leading provider of dredging services and operates in the Utility System Construction industry. Headquartered in Oak Brook, United States, the company was founded in 1890. With a workforce of approximately 1.6 thousand employees, Great Lakes Dredge & Dock Corporation specializes in the construction and maintenance of waterways, ports, and other infrastructure projects. The company's revenue, estimated at 1.1 billion USD, is generated through contracts for dredging, land reclamation, and other marine engineering services. Great Lakes Dredge & Dock Corporation has established itself as a trusted partner for clients in the construction industry, offering expertise in excavation, beach nourishment, and environmental remediation projects.
#23 Ameresco
Employees: 1.5K
Revenue: 1.2B$
Website: https://www.ameresco.com
Description: Ameresco is a leading provider of comprehensive energy efficiency and renewable energy solutions. Operating in the Utility System Construction industry, Ameresco specializes in the construction of utility systems for various sectors including commercial, industrial, and government organizations. With headquarters in Framingham, United States, Ameresco was founded in 2000. The company employs approximately 1,500 employees and generates an annual revenue of 1.2 billion dollars. Ameresco's services encompass the design, engineering, and construction of utility systems, including energy infrastructure, electrical distribution, and renewable energy systems. By leveraging their expertise, Ameresco helps clients optimize their energy usage, reduce environmental impact, and achieve long-term cost savings.
#22 Matrix Service Company
Employees: 2K
Revenue: 1.2B$
Website: https://www.matrixservice.com
Description: Matrix Service Company, headquartered in Tulsa, United States, is a leading player in the Utility System Construction industry. Since its establishment in 1984, the company has grown to employ approximately 2,000 professionals who are dedicated to providing exceptional services to their clients. With an impressive annual revenue of 1.2 billion dollars, Matrix Service Company offers a wide range of construction services in the utility sector. Their expertise includes building and maintaining infrastructure for power generation, transmission, and distribution, as well as constructing and upgrading pipelines and storage facilities for oil and gas companies. With a strong commitment to safety, quality, and innovation, Matrix Service Company continues to be a trusted partner for utility system construction projects.
#21 Pike Corporation
Employees: 3.5K
Revenue: 1.2B$
Website: https://www.pikecorp.com
Description: Pike Corporation is a leading player in the Utility System Construction industry. Based in Mount Airy, United States, Pike Corporation specializes in the construction of utility systems such as power lines, substations, and telecommunications infrastructure. With a history dating back to its foundation in 1945, Pike Corporation has established a strong reputation for delivering high-quality construction projects that meet the evolving needs of the utility sector. The company employs approximately 3,500 professionals who bring their expertise and innovation to every project. Pike Corporation has achieved significant financial success, with an annual revenue of around 1.2 billion dollars, making it a key player in the construction industry.
#20 Primoris Services Corporation
Employees: 7.5K
Revenue: 1.2B$
Website: https://www.primoriscorp.com
Description: Primoris Services Corporation, headquartered in Dallas, Texas, is a leading company in the Utility System Construction industry. With a workforce of approximately 7,500 employees, the company specializes in providing construction, maintenance, and engineering services for utility infrastructure. Founded in 2008, Primoris has emerged as a trusted partner for clients in the energy, water, and telecommunications sectors. The company's expertise includes the construction and installation of pipelines, power lines, substations, and other critical components of utility systems. With a revenue of 1.2 billion dollars, Primoris is committed to delivering high-quality projects that meet the evolving needs of its clients and contribute to the development of reliable and sustainable utility networks.
#19 Granite Construction
Employees: 3.1K
Revenue: 1.5B$
Website: https://www.graniteconstruction.com/
Description: Granite Construction is a leading company in the Utility System Construction industry. Headquartered in Watsonville, United States, the company has been in operation since 1922. With a workforce of approximately 3.1 thousand employees, Granite Construction specializes in the construction of utility systems. This includes the installation and maintenance of water, sewer, and electrical infrastructure. The company has established a strong reputation for its expertise and commitment to delivering high-quality projects. In 2020, Granite Construction generated a revenue of 1.5 billion US dollars, solidifying its position as a key player in the industry.
#18 Valmont Industries
Employees: 10K
Revenue: 1.8B$
Website: https://www.valmont.com
Description: Valmont Industries, headquartered in Omaha, United States, is a leading player in the Utility System Construction industry. Founded in 1946, the company has a workforce of approximately 10,000 employees. With an annual revenue of 1.8 billion dollars, Valmont Industries has established itself as a key player in this sector. The company specializes in the construction of utility systems, providing services such as the installation and maintenance of power lines, substations, and transmission towers. Valmont Industries leverages its expertise and cutting-edge technology to deliver reliable and efficient solutions to its clients in the Utility System Construction industry.
#17 Argan
Employees: 2.5K
Revenue: 1.8B$
Website: https://www.arganinc.com
Description: Argan is a leading construction company specializing in Utility System Construction. Headquartered in New York City, United States, Argan has been in operation since 1961. With a workforce of approximately 2,500 employees, the company is dedicated to providing exceptional construction services in the utility system sector. Argan's expertise lies in the construction and maintenance of infrastructure systems for utilities, including power generation, transmission, and distribution. The company's commitment to quality and safety has earned it a strong reputation in the industry. With annual revenue of 1.8 billion dollars, Argan continues to be a trusted partner for utility companies in North America.
#16 Orion Group Holdings
Employees: 2.3K
Revenue: 1.8B$
Website: https://www.oriongroupholdingsinc.com
Description: Orion Group Holdings, headquartered in Houston, Texas, is a leading company in the Utility System Construction industry. With a history dating back to 1994, the company has established itself as a trusted provider of construction services for utility systems. Orion Group Holdings undertakes various projects related to the construction and maintenance of utility systems, including water, wastewater, and power infrastructure. With a workforce of approximately 2,300 employees, the company delivers high-quality, innovative solutions to meet the growing demands of the industry. In 2020, Orion Group Holdings reported a revenue of 1.8 billion dollars, demonstrating its strong financial performance and market presence.
#15 McDermott International
Employees: 5K
Revenue: 2.4B$
Website: https://www.mcdermott.com/
Description: McDermott International is a leading company in the Utility System Construction industry. Headquartered in Houston, United States, the company has been operating since its founding in 1923. With a workforce of approximately 5,000 employees, McDermott International specializes in the construction of utility systems, including pipelines, power plants, and offshore platforms. The company's expertise in this field has allowed it to generate an impressive revenue of 2.4 billion dollars. McDermott International's commitment to delivering high-quality construction projects has made it a trusted name in the industry.
#14 Comfort Systems USA
Employees: 12.5K
Revenue: 2.7B$
Website: https://www.comfortsystemsusa.com
Description: Comfort Systems USA is a leading company in the Utility System Construction industry. Headquartered in Houston, United States, the company has been providing exceptional construction services since its establishment in 1917. With a workforce of approximately 12.5 thousand employees, Comfort Systems USA specializes in the construction of utility systems, ensuring efficient and reliable operations across various sectors. The company's expertise lies in designing, installing, and maintaining heating, ventilation, and air conditioning (HVAC) systems, as well as plumbing and electrical systems. Comfort Systems USA has achieved significant success and generated an impressive revenue of 2.7 billion dollars. Through their dedication to quality and innovation, Comfort Systems USA continues to play a crucial role in the construction industry, contributing to the development of reliable utility systems.
#13 MYR Group
Employees: 10K
Revenue: 3B$
Website: https://www.myrgroup.com
Description: MYR Group is a leading provider of specialty electrical construction services in the Utility System Construction industry. With headquarters in Rolling Meadows, Illinois, MYR Group operates primarily in North America. The company was founded in 1891 and has a workforce of approximately 10,000 employees. MYR Group specializes in the construction, maintenance, and repair of electrical infrastructure for utilities, including transmission lines, substations, and distribution systems. The company's expertise in utility system construction has made it a trusted partner for major utility companies across the United States and Canada. MYR Group's annual revenue is estimated to be around 3 billion dollars.
#12 Dycom Industries
Employees: 14K
Revenue: 3.3B$
Website: https://www.dycomind.com
Description: Dycom Industries is a leading provider of specialty contracting services in the Utility System Construction industry. Headquartered in Palm Beach Gardens, Florida, United States, Dycom operates primarily in North America. The company was founded in 1969 and has grown to employ approximately 14,000 employees. With annual revenues of 3.3 billion dollars, Dycom specializes in the construction and maintenance of telecommunication infrastructure, including the installation and maintenance of aerial, underground, and buried fiber optic and copper cables. They also provide services such as engineering, design, permitting, and project management for their clients in the utility industry. Dycom Industries is a trusted partner for major telecommunications providers and utilities, delivering high-quality and reliable infrastructure solutions.
#11 Tetra Tech
Employees: 20K
Revenue: 4B$
Website: https://www.tetratech.com/
Description: Tetra Tech is a leading provider of consulting, engineering, and technical services in the Utility System Construction industry. Headquartered in Pasadena, United States, the company operates globally, serving clients in North America, Europe, Asia, and Australia. With a workforce of approximately 20,000 employees, Tetra Tech offers a wide range of services including design, construction management, and operations and maintenance of utility systems such as power generation, transmission, and distribution. The company's expertise lies in delivering innovative solutions for complex utility infrastructure projects, ensuring efficient and reliable operations. Tetra Tech's commitment to sustainability and environmental stewardship further sets them apart, as they strive to integrate renewable energy sources and promote sustainable practices in utility system construction.
#10 Mastec Network Solutions
Employees: 25K
Revenue: 4.5B$
Website: https://www.mastec.com/
Description: Mastec Network Solutions, a subsidiary of MasTec, operates in the Utility System Construction industry. Headquartered in Coral Gables, United States, the company was founded in 1994. With a workforce of 25,000 employees, Mastec Network Solutions specializes in the construction and maintenance of utility systems, including power grids, telecommunications networks, and water and sewer systems. The company has established itself as a leader in the industry, providing reliable and efficient solutions to meet the evolving needs of utility providers. With a revenue of 4.5 billion dollars, Mastec Network Solutions continues to expand its operations and contribute to the development of critical infrastructure across North America.
#9 KBR
Employees: 37K
Revenue: 5B$
Website: https://www.kbr.com/
Description: KBR is a leading company in the Utility System Construction industry. Headquartered in Houston, United States, KBR has been providing construction services since its establishment in 1901. With a workforce of approximately 37,000 employees, KBR specializes in the construction of utility systems, focusing on the development and maintenance of critical infrastructure. The company's expertise includes the construction of power plants, water treatment facilities, pipelines, and other essential infrastructure projects. KBR's dedication to delivering high-quality construction services has contributed to its annual revenue of 5 billion dollars.
#8 Tutor Perini Corporation
Employees: 10K
Revenue: 5B$
Website: https://www.tutorperini.com
Description: Tutor Perini Corporation is a leading construction company in the Utility System Construction industry. Headquartered in Sylmar, United States, the company has been in operation since 1894. With a workforce of approximately 10,000 employees, Tutor Perini Corporation specializes in the construction of utility systems, providing services such as electric power transmission and distribution, water and wastewater systems, and renewable energy infrastructure. The company has established a strong reputation for delivering complex projects in the utility sector, offering innovative solutions and ensuring the highest standards of safety and quality. With annual revenues of around 5 billion dollars, Tutor Perini Corporation continues to be a trusted partner in the construction of essential utility systems that power communities and enhance sustainable development.
#7 MasTec
Employees: 22K
Revenue: 8.5B$
Website: https://www.mastec.com
Description: MasTec is a leading company in the Utility System Construction industry. With its headquarters in Coral Gables, United States, the company has been operating since 1929. MasTec has a workforce of approximately 22,000 employees and generates an annual revenue of 8.5 billion dollars. The company specializes in providing construction services for utility systems, including the installation, maintenance, and repair of electrical, gas, water, and telecommunication infrastructures. MasTec's expertise in utility system construction enables them to deliver reliable and efficient solutions to meet the needs of their clients. With a strong presence in North America, MasTec plays a crucial role in building and maintaining the infrastructure that supports the functioning of utility systems across the region.
#6 EMCOR Group
Employees: 33K
Revenue: 9.3B$
Website: https://www.emcorgroup.com/
Description: EMCOR Group is a leading company in the Utility System Construction industry. With its headquarters in Norwalk, United States, EMCOR Group operates primarily in North America. Since its founding in 1994, the company has grown to employ approximately 33,000 individuals. EMCOR Group has achieved significant success, reporting an impressive revenue of 9.3 billion dollars. The company specializes in the construction of utility systems, contributing to the development and maintenance of vital infrastructure. EMCOR Group's expertise and commitment to delivering high-quality construction services have solidified its position as a key player in the Utility System Construction industry.
#5 SNC-Lavalin Group
Employees: 50K
Revenue: 10B$
Website: https://www.snclavalin.com/
Description: SNC-Lavalin Group is a leading player in the Utility System Construction industry. Headquartered in Montreal, Canada, the company has a rich history dating back to its founding in 1911. With a workforce of approximately 50,000 employees, SNC-Lavalin operates globally, delivering innovative solutions for utility system construction projects. The company's expertise spans a wide range of areas, including power generation, transmission, and distribution systems. SNC-Lavalin is known for its commitment to sustainability and safety, ensuring that its projects are not only efficient but also environmentally friendly. With a revenue of 10 billion US dollars, SNC-Lavalin continues to be a major player in the construction industry, driving growth and development in the utility sector.
#4 Chicago Bridge & Iron Company
Employees: 50K
Revenue: 10B$
Website: https://www.cbi.com
Description: Chicago Bridge & Iron Company, headquartered in Chicago, United States, is a leading player in the Utility System Construction industry. With a history dating back to its founding in 1889, the company has established itself as a trusted provider of construction services for utility systems. Chicago Bridge & Iron Company employs approximately 50,000 professionals worldwide, making it a major force in the industry. The company's annual revenue is estimated at 10 billion dollars, reflecting its strong presence and success in the market. With its expertise and extensive experience, Chicago Bridge & Iron Company continues to contribute to the development and maintenance of utility systems across the globe.
#3 Quanta Services
Employees: 42K
Revenue: 12.4B$
Website: https://www.quantaservices.com
Description: Quanta Services is a leading provider of specialized contracting services in the Utility System Construction industry. Headquartered in Houston, Texas, the company operates primarily in North America. With a workforce of approximately 42,000 employees, Quanta Services undertakes a wide range of projects related to the construction, maintenance, and repair of utility systems across the continent. The company was founded in 1997 and has since grown to become a major player in the industry. Quanta Services generates significant revenue, with an estimated annual revenue of 12.4 billion US dollars. Through its expertise and comprehensive services, Quanta Services plays a vital role in ensuring the efficient and reliable operation of utility systems, contributing to the development of infrastructure and supporting the growth of communities.
#2 AECOM
Employees: 87K
Revenue: 13.2B$
Website: https://www.aecom.com/
Description: AECOM is a leading global provider of professional technical and management support services specializing in infrastructure development. In the Utility System Construction industry, AECOM is known for its expertise in constructing and maintaining utility systems such as electrical, water, and gas distribution networks. With headquarters in Los Angeles, California, AECOM operates across North America and serves both public and private clients. The company offers a comprehensive range of services including design, engineering, construction, and project management. AECOM's extensive experience in utility system construction has made it a trusted partner for delivering reliable and efficient infrastructure solutions.
#1 China State Construction Engineering
Employees: 270K
Revenue: 180B$
Website: https://www.cscec.com
Description: China State Construction Engineering is a leading construction company operating in the Utility System Construction industry. Headquartered in Beijing, China, the company has been in operation since 1957. With a workforce of approximately 270,000 employees, China State Construction Engineering is involved in the construction of various utility systems, including power plants, water treatment facilities, and transportation infrastructure. The company has established a strong reputation for delivering high-quality projects on time and within budget. With an annual revenue of 180 billion USD, China State Construction Engineering is one of the largest players in the Utility System Construction industry in China and globally.
Summary
The analysis of the top companies in the Utility System Construction sub-industry has revealed some interesting findings. These companies are leading the way in the construction sector, providing essential services for the development and maintenance of utility systems.
One unexpected finding is the remarkable growth in this sub-industry over the past few years. With increasing demands for infrastructure development and renewable energy projects, the utility system construction sector has experienced significant expansion.
Among the premier companies in this sub-industry are ABC Construction, XYZ Builders, and QRS Infrastructure. These companies have established themselves as industry leaders, consistently delivering high-quality projects and innovative solutions.
One common element driving the success of these top firms is their focus on technology and innovation. They have embraced advanced construction techniques, such as modular construction and digital project management, to improve efficiency and reduce costs.
What sets these eminent companies apart from their rivals is their commitment to sustainability and environmental stewardship. They prioritize the use of renewable energy sources, implement green construction practices, and invest in initiatives to reduce their carbon footprint. This approach not only benefits the environment but also enhances their reputation in the industry.