EFCO
EFCO Corp is a privately held Des Moines-based manufacturer of engineered concrete forming and shoring equipment, serving enterprise construction contractors across commercial, infrastructure, energy, and transportation projects in 15+ countries through direct sales, rental, and field engineering services.
- Company typePrivate
- Founded1934
- HeadquartersDes Moines, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What EFCO does
EFCO Corp, founded in 1934 and headquartered in Des Moines, Iowa, is a privately held manufacturer of engineered concrete forming and shoring equipment serving the global cast-in-place concrete construction industry. The company designs and produces a comprehensive portfolio of steel formwork systems, including the POWER TOWER self-climbing hydraulic system, PLATE GIRDER and SUPER PLATE GIRDER self-spanning systems for bridge and pier work, E-BEAM and SUPER STUD lightweight wall forming, Round Column forms up to 144 inches in diameter, EFCO LITE for shear walls and columns, HAND-E-FORM for handset applications, E-Z DECK for elevated slabs, and REDI-RADIUS for curved structures. The company's core technical differentiators include proprietary hydraulic self-climbing technology that eliminates crane dependency for vertical cycling, self-spanning systems that remove the need for inter-span shoring on aerial concrete pours, and patented strengthening bars that double moment capacity compared to standard systems. EFCO holds registered trademarks across its product line and a patent on the SUPER PLATE GIRDER strengthening bar.
EFCO monetizes through a hybrid model combining one-time equipment sales, recurring rental and leasing programs, and professional services including field engineering, on-site supervision, and hands-on training delivered through the EFCO Concrete Construction and Forming Institute (opened 2002). The company targets enterprise construction contractors across eight primary segments: commercial and high-rise construction, bridges and highways, utilities and water treatment, civil and industrial, parking and transportation, oil and energy, stadium and arena, and home building. Notable customers include Webber LLC, FLY & FORMS Structures, Ferrovial, Brightline, Duke Energy, TxDOT, and Hinkley Point C. Distribution is conducted through 42+ direct office locations spanning the United States, Canada, Mexico, Argentina, Chile, Colombia, Panama, Peru, the United Kingdom, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, supported by dedicated field sales engineers and a customer portal (EFCO Online).
EFCO firmographics
Firmographics- Name
- EFCO
- Legal name
- EFCO Corp
- Website
- https://efcoforms.com
- Company type
- Private
- Founded year
- 1934
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- EFCO Corp is a privately held Des Moines-based manufacturer of engineered concrete forming and shoring equipment, serving enterprise construction contractors across commercial, infrastructure, energy, and transportation projects in 15+ countries through direct sales, rental, and field engineering services.
- Ownership category
- akta.pro rank
EFCO industry classification
Industry- Product category
- Concrete Forming & Shoring Equipment
- NAICS
- Construction Machinery Manufacturing (33312), Construction Machinery Manufacturing (333120)
- SIC
- Construction Machinery & Equip (3531), Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Concrete Equipment (Mixers, Pumps, Batching) (IMAHAAAK)
Keywords
Where EFCO is headquartered
LocationHeadquarters
- HQ city
- Des Moines
- HQ country
- United States
- HQ region
- North America
Offices44 records
Markets served
EFCO business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Formwork Equipment Sales: Sale of engineered concrete formwork systems including PLATE GIRDER, SUPER PLATE GIRDER, E-BEAM, SUPER STUD, Round Column forms, and related accessories.
- Equipment Rental/Leasing: Formwork and shoring equipment available for lease with standard leasable solutions. Rental programs allow contractors to access equipment for specific project durations without purchase.
- Field Service and Engineering Support: Dedicated field service support including assembly/erection planning, on-site supervision, and engineering drawings as part of comprehensive project support.
- Training Services: Hands-on training programs through the EFCO Concrete Construction and Forming Institute, providing education on effective and safe product usage.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Equipment Purchase |
| Subscription | Multi-year contract | Equipment Rental/Lease |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
EFCO product offering
Product offeringCore offering
EFCO designs, manufactures, sells, and rents engineered steel concrete forming and shoring equipment for cast-in-place concrete construction, including self-spanning, self-climbing, and column forming systems used in high-rise, bridge, infrastructure, industrial, and commercial projects. The company complements its equipment with engineering drawings, field supervision, on-site training, and an in-house training institute to deliver the lowest in-place concrete cost in the industry.
Product overview
EFCO is a concrete forming and shoring equipment manufacturer offering a comprehensive portfolio of engineered steel formwork and shoring systems. The product line includes: Formwork systems (E-BEAM & SUPER STUD for walls, PLATE GIRDER and SUPER PLATE GIRDER for self-spanning applications, POWER TOWER for self-climbing cores, Round Column forms, EFCO LITE for shear walls and columns, HAND-E-FORM for handset applications, E-Z DECK for elevated slabs, REDI-RADIUS for radius work); Shoring systems for project support; and complementary services including EFCO Online platform access, the Concrete Construction and Forming Institute training facility, and safety program support. These products are available for purchase or rental and are supported by engineering drawings, field service, and on-site training. EFCO serves commercial & high-rise, bridges & highways, utilities & water treatment, civil & industrial, parking & transportation, oil & energy, stadium & arena, and home building construction segments.
Differentiator
Problem solved
Functional benefit
Products and services
- Formwork Systems
Quantifiable outcome
- Reduced formwork cycle time from 5 days to 4 days on high-rise projects (Duke Energy Plaza)
- +3 more outcomes
Companies that use EFCO
Customer profileNamed customers10 records
Segments8 records
Ideal customer profiles3 records
EFCO technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
EFCO partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights4 records
EFCO competitors and assessment
Company assessmentDirect peers
- PERI Group: Germany-based PERI is the largest global formwork and scaffolding manufacturer, offering wall and slab formwork, self-climbing systems (ACS), and shoring directly comparable to EFCO's POWER TOWER and PLATE GIRDER lines. PERI is the dominant global benchmark in concrete formwork.
- MEVA Formwork Systems: German MEVA is a comparable formwork specialist offering wall and slab systems, climbing formwork, and shoring for commercial and infrastructure construction. MEVA is a direct mid-tier competitor to EFCO in engineered concrete formwork.
- Acrow (Acrow Formwork & Scaffolding): Acrow provides formwork, shoring, and scaffolding products to commercial and infrastructure contractors globally. Its product lines — including wall formwork, slab systems, and shoring — directly parallel EFCO's offering.
- Symons by Dayton Superior: Symons (a Dayton Superior brand) manufactures concrete forming products including wall and column forms directly comparable to EFCO's EFCO LITE and Round Column systems. Symons is a long-established US formwork competitor.
- Doka (Umdasch Group): Austrian Doka is a leading global formwork manufacturer with comparable wall, slab, climbing (SKE/Xclimb), and shoring product lines. Doka serves the same commercial, high-rise, and infrastructure markets as EFCO with similar engineered formwork solutions.
- ULMA Construction: Spanish ULMA is a major formwork and scaffolding manufacturer offering wall formwork, climbing systems, and shoring directly comparable to EFCO's portfolio. ULMA is particularly strong in Europe and Latin America, overlapping with EFCO's footprint.
- BrandSafway (Aluma Systems): BrandSafway's Aluma Systems provides engineered concrete formwork, shoring, and access solutions for commercial and infrastructure projects. It overlaps with EFCO's product range, particularly in wall and slab forming systems.
- Hünnebeck (by BrandSafway): Hünnebeck (part of BrandSafway) offers concrete formwork, shoring, and scaffolding products for commercial and infrastructure construction, including climbing and slab systems directly comparable to EFCO's portfolio.
Emerging players
- Titan Formwork Systems: Titan Formwork Systems manufactures concrete formwork and shoring products, primarily serving North American contractors. It is a comparable mid-tier formwork specialist, though smaller in scale than EFCO.
- Layher: German Layher is a major scaffolding and shoring manufacturer with overlap to EFCO's shoring product line. While Layher is more scaffolding-focused, its shoring systems compete with EFCO in commercial and infrastructure projects.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
EFCO social profiles
Digital presenceEFCO financial estimates
Financial estimateRevenue estimate
Valuation estimate
EFCO leadership team
Management profileNumber of profiles
Profiles1 record
EFCO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EFCO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EFCO
What does EFCO do?
EFCO designs, manufactures, sells, and rents engineered steel concrete forming and shoring equipment for cast-in-place concrete construction, including self-spanning, self-climbing, and column forming systems used in high-rise, bridge, infrastructure, industrial, and commercial projects. The company complements its equipment with engineering drawings, field supervision, on-site training, and an in-house training institute to deliver the lowest in-place concrete cost in the industry.
Is EFCO a public or private company?
EFCO is a private company. It is classified as unknown and is currently operating.
When was EFCO founded?
EFCO was founded in 1934. It employs 1,001 to 5,000 people.
Where is EFCO based?
EFCO is headquartered in Des Moines, United States, in the North America region.
How does EFCO make money?
Four revenue lines are on record. Formwork Equipment Sales are the primary driver. The others are equipment Rental/Leasing, field Service and Engineering Support and training Services.
Who are EFCO's main competitors?
Direct peers on record are PERI Group, MEVA Formwork Systems, Acrow (Acrow Formwork & Scaffolding), Symons by Dayton Superior, Doka (Umdasch Group), ULMA Construction, BrandSafway (Aluma Systems) and Hünnebeck (by BrandSafway). Emerging players are Titan Formwork Systems and Layher.
Does EFCO have an API?
No public API is recorded for EFCO.
What industry is EFCO in?
EFCO's product category is Concrete Forming & Shoring Equipment. Its primary akta.pro industry code is IMAHAAAK, Concrete Equipment (Mixers, Pumps, Batching). Its NAICS code is 33312 and its SIC code is 3531.