Security Paving Company

What Security Paving Company does

Security Paving Company, Inc. is a family-owned heavy civil construction contractor founded in 1949, headquartered in Westlake Village, California, with operating presence across California and Nevada. The company's core business is transportation infrastructure construction, with self-performed work spanning highway construction (widening, rehabilitation, HOV and express lanes), bridge construction (replacement, widening, structural improvements), airport runway rehabilitation, and alternative delivery projects (design-build and CM/GC). Primary clients are public sector agencies including Caltrans, county transportation authorities (e.g., San Bernardino County Transportation Authority, Ventura County Public Works, Los Angeles County Department of Public Works), city public works departments (e.g., Hesperia, Apple Valley, Bakersfield), and airport authorities (Los Angeles World Airports, Kern County).

The company's underlying technology and operating model center on self-perform capabilities using owned heavy equipment (asphalt paving fleets, concrete placement, bridge construction, earthwork) supported by an in-house engineering team that enables rapid mobilization for both scheduled projects and emergency response. Notable technical capabilities include an in-house heavy haul and transport division for mobilization, and a wholly-owned subsidiary, Recycled Base Materials, Inc. (founded 1977), which operates 9 portable crushing plants statewide and has recycled over 3.8 million tons of concrete and asphalt as of 2022. The subsidiary also operates five fixed material recycling yards (Fresno, Sun Valley, Goleta, Jurupa Valley, Bakersfield) selling RAP, Lean Concrete Base, and Class II Base materials. The company holds California Contractor License #116307 and Nevada Contractor License #80044 and operates from one corporate office plus four regional offices (Ontario, Costa Mesa, Bakersfield, Sacramento).

The business model is project-based with revenue generated almost entirely through competitive bidding on public works contracts, supplemented by transaction-fee revenue from material sales and recycling dump fees at the five recycling yards. Recent disclosed individual contract awards include a $154 million West Parkway project, a $121 million I-5 San Antonio to Pioneer project, and a $43 million Kern River Bridge Improvements project. Go-to-market is enterprise field sales driven by reputation, past performance scores, and direct relationships with government transportation agencies, with project awards and joint venture partnerships serving as the primary channels. The company employs approximately 1,100 people, ranks #304 on the ENR Top 400 Contractors list, and was the #1 volume Caltrans heavy civil contractor from 2014 to 2020 with 23 Caltrans Partnering Awards.

Name

Security Paving Company

Legal name

Security Paving Company, Inc.

Website

https://securitypaving.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Security Paving Company is a family-owned heavy civil construction contractor, founded in 1949 and headquartered in Westlake Village, California. The company self-performs highway, bridge, airport, and alternative-delivery transportation infrastructure projects primarily for Caltrans, county transportation authorities, and city public works agencies across California and Nevada.

Ownership category

akta.pro rank

Product category

Heavy Civil Construction Services

NAICS

Other Heavy and Civil Engineering Construction (237990), Other Heavy and Civil Engineering Construction (2379), Heavy and Civil Engineering Construction (237)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Asphalt Paving & Roofing Materials (2950)

akta.pro primary industry

Pavers & Road Construction Equipment (IMAHAAAI)

Keywords

• Heavy civil construction
• Transportation infrastructure
• Highway construction
• Bridge construction
• Asphalt paving

Headquarters

HQ city

Sylmar

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Heavy Civil Construction Projects: Revenue generated from construction contracts for transportation infrastructure including highways, bridges, airports, and related civil works. Projects are awarded through competitive bidding on public works contracts. Revenue is project-based, one-time per contract, with no recurring revenue streams.
2. Material Sales and Recycling: Sale of recycled construction materials (RAP, Lean Concrete Base, Class II Base material) and aggregate products from recycling operations. Also generates revenue from dump fees at material recycling facilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Security Paving Company is a family-owned heavy civil construction contractor delivering transportation infrastructure projects for public agencies in California and Nevada. Core services include highway construction, bridge construction, airport runway rehabilitation, and alternative delivery (design-build and CM/GC) projects, executed through self-perform capabilities using owned equipment and an in-house engineering team. The company also operates a wholly-owned subsidiary, Recycled Base Materials, Inc., which provides portable crushing, aggregate recycling, and material sales.

Product overview

Security Paving Company is a family-owned heavy civil construction contractor offering a unified portfolio of infrastructure services centered on transportation projects. The core offerings include highway construction, bridge construction, airport construction, and alternative delivery project methods. The company operates a subsidiary, Recycled Base Materials, Inc., which provides portable crushing and material recycling services that support both Security Paving projects and contract crushing for other contractors. Additional services include material sales through recycling yards and emergency response capabilities. The company self-performs most work using owned equipment and in-house engineering teams, with operations spanning California and Nevada.

Differentiator

Problem solved

Functional benefit

Products and services

• Heavy Civil Construction Services Full-service heavy civil construction including highways, bridges, airports, and alternative delivery projects. Self-performs work using owned equipment and in-house engineering teams, primarily for state and local government transportation agencies in California and Nevada.
• Highway Construction Highway widening, rehabilitation, HOV lanes, express lanes, and freeway improvements delivered through design-build, CM/GC, and traditional bid-build methods for government transportation agencies.
• Bridge Construction Bridge replacement, widening, new bridge construction, and structural improvements including precast girder bridges and complex structural projects for state and local agencies.
• Airport Construction

Quantifiable outcome

• Completed I-10 emergency repair in 6 days vs. initial 5-week estimate, recognized by Vice President Harris and Governor Newsom
• +5 more outcomes

Named customers10 records

Segments2 records

Ideal customer profiles2 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.

• Recycled Base Materials, Inc.coreStrategic or Co-development Partner · 1 October 1977Recycled Base Materials, Inc. was started by Security Paving Company in October 1977 to recycle concrete and asphalt generated from paving projects rather than sending material to landfills. Today it operates as a subsidiary providing contract crushing services to other contractors while also supporting Security Paving projects. In 2022, it operated 9 portable crushing plants and had recycled over 3,800,000 tons of material.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Flatiron Construction: Heavy civil contractor specializing in transportation infrastructure including highways, bridges, and rail across the Western US. Subsidiary of HOCHTIEF with similar scope and California footprint to Security Paving.
• Granite Construction Incorporated: California-headquartered heavy civil contractor with large-scale transportation infrastructure (highways, bridges, airports) and aggregate/recycling operations. Directly comparable business model to Security Paving with overlapping Caltrans project pipeline and self-perform capabilities.
• Sundt Construction: Employee-owned heavy civil and transportation contractor with strong West Coast presence in highway, bridge, and airport construction. Comparable mid-to-large scale Caltrans-tier project execution and self-perform model.
• DeSilva Gates Construction: Bay Area-based heavy civil contractor performing highway, bridge, and transit work for California transportation agencies. Similar size, family-ownership profile, and Caltrans/county customer mix to Security Paving.
• Myers & Sons Construction: California-based family-owned heavy civil contractor with similar highway, bridge, and structural construction focus. Comparable size, customer base (Caltrans and county agencies), and self-perform model to Security Paving.
• Tutor Perini Corporation: Large publicly-traded civil contractor with significant California transportation, bridge, and airport work. Competes with Security Paving for Caltrans and regional transportation authority projects, particularly on design-build and CM/GC joint ventures.
• Walsh Construction: Family-owned heavy civil contractor with significant transportation infrastructure work across highways, bridges, and rail. Comparable self-perform capabilities and project delivery model to Security Paving.

Broad incumbents

• Skanska USA Civil: Major global infrastructure contractor with significant California highway, bridge, and rail work. Competes with Security Paving on large Caltrans and regional transportation authority alternative-delivery projects.
• Kiewit Corporation: One of North America's largest employee-owned contractors with extensive heavy civil, transportation, and infrastructure capabilities. Often competes with or partners alongside mid-sized regional contractors like Security Paving on mega design-build transportation projects.

Others

• Granite Construction - Materials Division (now part of Granite Construction): Reference to aggregate/recycling operations comparable to Security Paving's Recycled Base Materials, Inc. subsidiary. Both produce recycled base, RAP, and aggregate products serving California infrastructure markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SecurityPaving

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&A

Investments

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

Frequently asked questions about Security Paving Company