Gulf Island Fabrication

What Gulf Island Fabrication does

Gulf Island Fabrication, Inc. is a U.S.-based steel fabrication and specialty services company founded in 1985, headquartered in The Woodlands, Texas, with primary operating facilities in Houma, Louisiana on a 160-acre site including approximately 450,000 square feet of covered fabrication space, warehouse, blasting and coating capacity, and 3,305 linear feet of water frontage providing direct access to the Gulf of Mexico. The company fabricates complex steel structures and modules — including offshore platforms and jackets, subsea tie-backs and structures (PLETs, PLEMs, manifolds, jumpers, sleepers), modular process equipment and pipe racks, generator enclosures, and aerospace launch infrastructure components — for U.S. and international energy producers (oil and gas, offshore wind), refining/petrochemical/LNG operators, EPC contractors, and federal/state/local government agencies (notably NASA and the Defense Logistics Agency). Operations are conducted under ISO 9001-2015 quality and ISO 14001:2015 environmental management certifications, with reported 2025 safety metrics of 0.20 TRIR and 0.10 DART.

The company sells exclusively on a B2B, fixed-price contract basis through direct business development and competitive bidding, with revenue recognized under percentage-of-completion accounting. Discrete contract awards disclosed to date include the Francis Scott Key Bridge reconstruction (>$35 million), Defense Logistics Agency fuel handling system upgrade at Yokosuka, Japan (>$7 million), NASA Mobile Launcher 2 fabrication via Bechtel (under $10 million), and multiple Gulf of Mexico subsea fabrication awards (~$5 million). In Q2 2025 Gulf Island acquired Englobal, a provider of integrated engineering and automation solutions — engineering and design, instrumentation and electrical integration, DCS integration, modular control room/laboratory shelters, and fire and gas systems — broadening the service portfolio into industrial automation and government services work.

Following its Q2 2025 Englobal acquisition, Gulf Island was acquired by IES Holdings, Inc. (NASDAQ: IESC) on January 16, 2026, for approximately $192 million ($12.00 per share, a 52% premium to its prior trading price). Gulf Island now operates as part of the IES Infrastructure Solutions segment, continuing to serve existing customers while adding fabrication capacity for IES's custom engineered solutions, including generator enclosures supporting U.S. energy infrastructure and data center markets.

Name

Gulf Island Fabrication

Legal name

Gulf Island Fabrication, Inc.

Website

https://gulfisland.com

Company type

Public

Founded year

1985

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

Gulf Island Fabrication is a U.S. steel fabrication and specialty services company that designs and builds complex steel structures, modules, and subsea components for energy producers, petrochemical and LNG operators, EPC contractors, and federal agencies from facilities in Louisiana and Texas.

Ownership category

akta.pro rank

Product category

Industrial Steel Fabrication

NAICS

Ship and Boat Building (33661), Ship and Boat Building (3366), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Fabricated Structural Metal Products (3440), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Steel Fabrication & Marine Engineering (Custom Fabrication, Modifications, Conversions) (TLAHAMAH)

akta.pro secondary industries

Steelwork & Fabrication Facilities (Plate/Section Processing, Welding Lines) (IMAJALAH), Outfitting Modules & Skids (Accommodation, Machinery, E-House, Pipe Racks) (IMAJAKAF), Offshore Wind & Renewable Support Vessel Construction (SOV, CTV, WTIV) (IMAJACAG), Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG)

Keywords

• Steel fabrication services
• Offshore platform fabrication
• Modular steel structures
• Subsea structures fabrication
• Industrial construction services

Headquarters

HQ city

The Woodlands

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Others

Revenue model

1. Fixed-Price Fabrication Contracts: Gulf Island generates revenue primarily through fixed-price contracts for fabrication of complex steel structures, modules, and components for energy, industrial, and infrastructure projects. Revenue is recognized using percentage-of-completion accounting.
2. Government Services Contracts: The company, through its Englobal subsidiary, provides services to U.S. government agencies including the Defense Logistics Agency, under task order and indefinite-delivery, indefinite-quantity contracts.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Gulf Island Fabrication manufactures complex steel structures and modules on a contract basis for energy producers, refining, petrochemical and LNG operators, EPC companies, power generation operators, and government agencies. Core offerings include offshore platforms and jackets, subsea structures (PLETs, jumpers, manifolds), modular process equipment, infrastructure components, generator enclosures, and aerospace launch infrastructure, complemented by specialty services such as construction, scaffolding, coatings, cleaning, and rope access. The company was acquired by IES Holdings in January 2026 and now operates as part of the IES Infrastructure Solutions segment.

Product overview

Gulf Island Fabrication is a steel fabrication company offering a comprehensive portfolio of products and services organized around two core pillars: fabrication of complex steel structures/modules, and specialty services. The fabrication portfolio includes Energy Sector Fabrication (offshore platforms, subsea structures, wind components), Infrastructure Fabrication (bridges, docks, terminals), Aerospace Fabrication (NASA launch infrastructure), Modular Fabrication (process modules, equipment skids), and Generator Enclosures. Specialty services include Construction, Scaffolding, Coatings, Pressurized Welding Enclosures, Cleaning and Environmental, and Rope Access services. The company also acquired Englobal Automation (Q2 2025) to expand into integrated engineering and automation solutions including DCS integration and modular control room fabrication. All operations are supported by ISO 9001-2015 and ISO 14001:2015 certified management systems.

Differentiator

Problem solved

Functional benefit

Brands

• Englobal: Integrated engineering and automation solutions provider offering engineering and design, structural fabrication, instrumentation and electrical (I&E) integration, testing and shipment of modular control room and laboratory shelters, DCS integration, fire and gas systems, and HVAC services.

Products and services

• Steel Fabrication Services Contract fabrication of complex steel structures and modules for energy, industrial, and infrastructure applications, including welding, fitting, rigging, and modular section fabrication executed to API, AWS, and ASME specifications.
• Energy Sector Fabrication Fabrication of offshore platforms and jackets, subsea tie-backs and structures, offshore wind components, skids, and pipe spools for oil and gas producers.
• Subsea Structures Fabrication Fabrication of subsea components including Pipeline End Terminations (PLETs), Pipeline End Manifolds (PLEMs), in-line sleds, jumpers, manifolds, sleepers, mudmats, risers, and suction piles.
• Infrastructure Fabrication Fabrication of dock and terminal structures, mooring and breasting dolphins, loading platforms, walkways, piles, and girders for civil infrastructure projects.
• Aerospace Fabrication Fabrication of truckable and bargeable aerospace components including launch tower components, launch infrastructure, test weldments, platforms, and piping systems.
• Modular Fabrication Equipment and pipe rack modules, process and specialty modules, and integrated structural systems using modular fabrication strategies to reduce field risk and onsite manpower requirements.
• Generator Enclosures Engineered enclosures that protect generator systems in demanding environments, featuring customizable designs, structural reinforcement, sound attenuation, airflow management, and environmental protection.
• Construction Services Offshore and onshore construction support including welding, fitting, rigging, equipment operators, firewatch, and rope access services.
• Scaffolding Services Traditional scaffolding systems and Safedeck systems designed for safe access to various work environments.
• Coatings Services Surface preparation and protective coating services including blasting, painting, ultra-high pressure (UHP) blasting, rope access coatings, and fire proofing.
• Cleaning and Environmental Services Flushing services, industrial cleaning, and environmental services supporting efficient operations while aligning with regulatory requirements.
• Rope Access Services

Quantifiable outcome

• TRIR of 0.20 achieved in 2025
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• IES Holdings, Inc.coreStrategic or Co-development Partner · 16 January 2026IES Holdings acquired Gulf Island Fabrication for approximately $192 million ($12.00 per share). Gulf Island became part of the IES Infrastructure Solutions segment, continuing to support existing customers and adding capacity for IES's custom engineered solutions including generator enclosures and related power products. The acquisition closed on January 16, 2026, expanding IES's fabrication footprint and services capabilities in U.S. energy infrastructure and data center markets.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• TechnipFMC: Global subsea, offshore, and surface project contractor serving oil and gas customers with integrated EPCI solutions. Directly comparable to Gulf Island's subsea fabrication awards and offshore platform work, particularly in the Gulf of Mexico.
• Chicago Bridge & Iron (CB&I, now part of McDermott): Historic tank, sphere, and large-scale steel fabrication contractor for petrochemical and energy customers. Gulf Island's senior leadership came from CB&I, and its modular process equipment work for ethane crackers and refineries directly overlaps CB&I's traditional backlog.
• IES Holdings, Inc. Electrical and mechanical contractor with a growing infrastructure solutions segment that acquired Gulf Island in January 2026. Now Gulf Island's parent, IES overlaps in custom engineered power products, generator enclosures, and infrastructure deployment, making it both parent and adjacent competitor.
• KBR, Inc. Large-scale government services and energy EPC contractor with fabrication, engineering, and modular construction capabilities. Gulf Island's CEO and CFO both held senior roles at KBR/CB&I, and KBR competes for similar federal (NASA, DLA) and energy infrastructure contracts.

Direct peers

• Dril-Quip, Inc. Manufacturer of subsea drilling and production equipment including wellheads, subsea trees, and connectors for offshore oil and gas. Comparable to Gulf Island's subsea structure fabrication line (PLETs, PLEMs, manifolds) serving the same Gulf of Mexico and deepwater customers.
• Matrix Service Company: U.S. contractor that engineers, fabricates, and constructs storage tanks, terminals, and process infrastructure for energy and industrial customers. Comparable to Gulf Island's tank/terminal infrastructure work and modular process equipment fabrication for refining and petrochemical customers.
• McDermott International: Global offshore fabrication and EPC company building offshore platforms, jackets, and subsea structures for oil and gas. Gulf Island's CEO Richard Heo was formerly SVP at McDermott, and its core offshore platform/jacket and subsea fabrication work overlaps directly with McDermott's historic backlog.
• Dynamic Industries: Fabrication and construction services company serving oil and gas, petrochemical, and power customers with offshore platforms, onshore modules, and industrial structures. Closely comparable mid-sized domestic peer in steel fabrication scope and customer base.
• Oceaneering International: Provider of engineered services and products to the offshore oil and gas industry, including subsea hardware, marine services, and offshore fabrication support. Comparable to Gulf Island's subsea structure (PLETs, jumpers, manifolds) and offshore service offerings.
• Primoris Services Corporation: Specialty contractor and infrastructure services provider delivering fabrication, construction, and engineering across energy, power, and civil markets. Comparable to Gulf Island's industrial fabrication and infrastructure (bridge/dock/terminal) work for similar enterprise and government customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@gulfisland4306
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• LinkedInlinkedin.com/company/gulf-island-fabrication-inc.
• Instagraminstagram.com/Gulf_Island

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments

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

Frequently asked questions about Gulf Island Fabrication