Sterling Construction Company, Inc., through its subsidiaries, operates as a heavy civil construction company. The company engages in the building and reconstruction of transportation and water infrastructure projects in Texas, Utah, Nevada, Arizona, California, Hawaii, and other states. Its transportation infrastructure projects include highways, roads, bridges, and light rail; and its water infrastructure projects include water, wastewater and storm drainage systems. The company performs the majority of the work required by its contracts with its own crews and equipment. Markets The company’s operations are performed within the United States. The company has highway construction contracts in Montana, Idaho, and Louisiana. Customers In Texas, the company’s customers include Texas Department of Transportation, Texas County and municipal public works departments, regional transit and water authorities, port authorities, school districts, municipal utility districts, and the U.S. Corps of Engineers. In Utah, the company’s public sector customers include the Utah Department of Transportation and the Utah Transit Authority. The company’s primary public sector customer is the Nevada Department of Transportation. In Arizona, the company’s principal customers are the Arizona Department of Transportation and municipal airport authorities. In California, its principal customer is the California Department of Transportation. In Hawaii, the company’s principal customers are the city of Honolulu and the Hawaii Department of Transportation. Business Strategy Major features of the company’s business strategy include continuing to add construction capabilities; expanding into new markets and selectively pursuing opportunities and strategic acquisitions; applying core competencies across its markets; increasing its market leadership in its core markets; and positioning its business for future infrastructure spending. Government and Environmental Regulations The company’s construction operations are subject to the requirements of the Occupational Safety and Health Act, and comparable state laws directed toward the protection of employees. History The company was founded in 1954. It was formerly known as Oakhurst Company, Inc. and changed its name to Sterling Construction Company, Inc. in 2001.
sterling construction co
(STRL:Consolidated Issue Listed on NASDAQ Global Select )
1800 Hughes Landing Boulevard
The Woodlands, TX 77380
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