| SIC Codes: | 1623 6552 1622 1611 1541 1522 1389 |
| NAICS Codes: | 236210 236220 237110 237120 237130 237210 237310 237990 |
The US commercial and heavy construction contractors industry includes about 80,000 firms with combined annual revenue of about $545 billion. Major companies include Bechtel, Fluor, Jacobs Engineering, Peter Kiewit Sons', and Turner Construction. The industry is highly fragmented.
Demand depends heavily on the health of the US economy, including corporate profits and local government budgets. The profitability of individual companies depends on accurate project bids and efficient operations. Large companies have advantages in their ability to engage in multiple projects simultaneously and in many types of construction. Small companies can compete effectively by specializing, working in a limited geography, or serving as subcontractors on larger projects. The industry is capital-intensive: average annual revenue per worker is more than $350,000.
Major industry services are constructing nonresidential buildings (industrial, commercial, institutional) and heavy and civil engineering projects. Commercial and institutional building construction accounts for more than 55 percent of industry revenue; heavy and civil engineering construction, for 40 percent; and industrial building construction, less than 5 percent.
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