Wells Concrete
Wells Concrete is a US-based provider of above-grade architectural and structural precast concrete building systems, serving commercial and institutional construction across civic, education, healthcare, office, residential, and infrastructure sectors through 13 domestic manufacturing facilities and integrated design-manufacture-build-maintain services.
- Company typePrivate
- Founded1951
- HeadquartersAlbany, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Wells Concrete does
Wells Concrete (legally The Wells Companies, Inc.) is a US-based provider of above-grade architectural and structural precast concrete building systems, founded in 1951 and headquartered in Albany, Minnesota. The company operates a national manufacturing and preconstruction platform across 13 manufacturing facilities and over 20 regional locations, serving commercial and institutional construction markets including civic, education, healthcare, hospitality, manufacturing, mission critical, office, parking, recreation, residential, retail, and infrastructure sectors.
Its product portfolio is organized into two main categories. Architectural Building Systems include proprietary products such as GateLite and DEX, plus Ultra High Performance Concrete (UHPC) facade capabilities. Structural Building Systems provide load-bearing precast solutions. Wells delivers these through an integrated service model spanning Design, Manufacture, Build, and Maintain, with regional preconstruction and sales teams handling direct enterprise engagement. Revenue is generated through project-based construction contracts, with pricing custom and quote-based rather than publicly disclosed.
The company has pursued a multi-year inorganic growth strategy, acquiring Spancrete in December 2020 and GATE Precast in July 2024 to expand its national footprint. Headcount grew from approximately 2,200 (post-GATE Precast, 2024) to 2,700 (February 2026), with concurrent additions to executive leadership including a new CTO (Rob Orvis, May 2026) and Director of EHS for Field Services (Tom Peterson, June 2026). In February 2026, KPS Capital Partners signed a definitive agreement to acquire The Wells Companies, Inc., with the transaction expected to close in Q1 2026 pending regulatory approvals—a transition from independent ownership to PE-backed control.
Wells Concrete firmographics
Firmographics- Name
- Wells Concrete
- Legal name
- The Wells Companies, Inc.
- Website
- https://wellsconcrete.com
- Company type
- Private
- Founded year
- 1951
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Wells Concrete is a US-based provider of above-grade architectural and structural precast concrete building systems, serving commercial and institutional construction across civic, education, healthcare, office, residential, and infrastructure sectors through 13 domestic manufacturing facilities and integrated design-manufacture-build-maintain services.
- Ownership category
- akta.pro rank
Where Wells Concrete is headquartered
LocationHeadquarters
- HQ city
- Albany
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Wells Concrete business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Precast Concrete Building Solutions: Wells generates revenue through the design, manufacture, and installation of precast concrete building systems for commercial and institutional construction projects. Revenue is project-based, derived from construction contracts for architectural and structural precast concrete solutions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels9 records
Wells Concrete product offering
Product offeringCore offering
Wells Concrete designs, manufactures, and installs above-grade architectural and structural precast concrete building systems for commercial, institutional, and infrastructure construction projects in the United States. Offerings span architectural building systems (including GateLite and DEX precast products and UHPC facades) and structural building systems, delivered through an integrated Design, Manufacture, Build, and Maintain service model across 13+ manufacturing facilities.
Product overview
Wells Concrete (The Wells Companies, Inc.) is a leading provider of above-grade architectural and structural precast concrete solutions in the United States. The company operates a platform of comprehensive building systems organized into two main categories: Architectural Building Systems (which includes GateLite and DEX sub-products) and Structural Building Systems. These are delivered through an integrated services model comprising Design, Manufacture, Build, and Maintain services. The company serves diverse markets including Civic + Community, Education, Healthcare, Hospitality, Manufacturing, Mission Critical, Office, Parking, Recreation, Residential, Retail, and Infrastructure sectors. Wells operates manufacturing facilities across the country with recent expansion following the acquisition of GATE Precast.
Differentiator
Problem solved
Functional benefit
Brands
- GateLite: Architectural precast concrete building system product
- DEX
Products and services
- Architectural Building Systems Above-grade architectural precast concrete solutions including facades and exterior finishes for commercial, institutional, and residential buildings. Sub-products within this line include the GateLite architectural precast concrete building system and the DEX architectural precast concrete finish/product.
- Structural Building Systems
- Design Services
- Manufacture Services
- Build Services
- Maintain Services
- GateLite Architectural Precast Building System Architectural precast concrete building system offered by Wells for above-grade building applications, sold as part of the Architectural Building Systems product line.
- DEX Architectural Precast Concrete Product
- Ultra High Performance Concrete (UHPC) Facades
Companies that use Wells Concrete
Customer profileNamed customers5 records
Segments12 records
Ideal customer profiles1 record
Wells Concrete technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Wells Concrete partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- GATE Petroleum CompanycoreWells acquired GATE Precast, a subsidiary of GATE Petroleum Company. This acquisition expanded Wells' operations to over 20 locations across the US with 14 manufacturing facilities and approximately 2,200 team members.
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
Wells Concrete competitors and assessment
Company assessmentDirect peers
- Tindall Corporation: Tindall is a privately held U.S. manufacturer of architectural and structural precast/prestressed concrete serving commercial, industrial, and institutional markets. It is a closely comparable peer with a similar product mix, regional manufacturing plant model, and design-build delivery approach as Wells.
- High Concrete Group: High Concrete Group produces architectural and structural precast concrete for parking structures, stadiums, and commercial buildings across the U.S. It competes head-to-head with Wells on large architectural precast envelopes and parking structure work.
- Metromont Corporation: Metromont is a U.S. precast concrete producer specializing in architectural wall systems, parking structures, and structural precast for data centers and commercial buildings. It is one of the closest competitors to Wells in architectural above-grade precast.
- Coreslab Structures: Coreslab operates a network of regional precast/prestressed concrete plants across the U.S. and Canada producing structural and architectural precast. The multi-region plant footprint and product breadth make it a direct comp to Wells' national platform.
- Fabcon Precast: Fabcon manufactures structural precast wall panels and hollowcore plank for warehouses, industrial, and commercial buildings. Overlap with Wells is strongest in structural precast for large-format commercial and industrial projects.
- Stresscon Corporation: Stresscon is a Colorado-based architectural and structural precast producer serving commercial, institutional, and infrastructure markets in the Mountain West. Geographic and product overlap with Wells' western U.S. operations makes it a focused direct peer.
- Spancrete: Spancrete, acquired by Wells Concrete in December 2020, operates as a retained brand producing precast/prestressed structural products and architectural precast. It is now part of Wells but historically was a direct peer and an indicator of the consolidation pattern in this industry.
Broad incumbents
- Oldcastle Infrastructure (CRH): Oldcastle Infrastructure, part of CRH plc, is the largest U.S. producer of concrete infrastructure products (pipes, drainage, precast structures, masonry) and competes with Wells in structural precast and select architectural categories as part of a much broader building products portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Wells Concrete social profiles
Digital presenceWells Concrete financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wells Concrete leadership team
Management profileNumber of profiles
Profiles3 records
Wells Concrete subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wells Concrete funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wells Concrete M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wells Concrete
What does Wells Concrete do?
Wells Concrete designs, manufactures, and installs above-grade architectural and structural precast concrete building systems for commercial, institutional, and infrastructure construction projects in the United States. Offerings span architectural building systems (including GateLite and DEX precast products and UHPC facades) and structural building systems, delivered through an integrated Design, Manufacture, Build, and Maintain service model across 13+ manufacturing facilities.
Is Wells Concrete a public or private company?
Wells Concrete is a private company. It is classified as private equity controlled and is currently operating.
When was Wells Concrete founded?
Wells Concrete was founded in 1951. It employs 501 to 1,000 people.
Where is Wells Concrete based?
Wells Concrete is headquartered in Albany, United States, in the North America region.
How does Wells Concrete make money?
One revenue line is on record: precast Concrete Building Solutions.
Who are Wells Concrete's main competitors?
Direct peers on record are Tindall Corporation, High Concrete Group, Metromont Corporation, Coreslab Structures, Fabcon Precast, Stresscon Corporation and Spancrete. Oldcastle Infrastructure (CRH) is listed as a broad incumbent.
Does Wells Concrete have an API?
No public API is recorded for Wells Concrete.