EFCO

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).

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

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

• Concrete formwork systems
• Concrete shoring equipment
• Self-climbing formwork
• Bridge construction forming
• Steel formwork manufacturing

Headquarters

HQ city

Des Moines

HQ country

United States

HQ region

North America

Offices44 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. 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.
2. 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.
3. 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.
4. Training Services: Hands-on training programs through the EFCO Concrete Construction and Forming Institute, providing education on effective and safe product usage.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core 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

Named customers10 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct 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

• Facebookfacebook.com/EFCOforms
• LinkedInlinkedin.com/company/efcoforms

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EFCO