FNF Construction, Inc

What FNF Construction, Inc does

FNF Construction, Inc. is a heavy-highway and general engineering contractor established in 1984 and headquartered in Tempe, Arizona, operating as a subsidiary of MasTec, Inc. The company provides construction services across the Southwestern United States — concentrated in Arizona, Colorado, New Mexico, and Texas — through four roles: general contractor, subcontractor, manufacturer/producer of aggregate, and producer of asphalt rubber binder. Its service portfolio spans Alternative Project Delivery (CMAR and Design-Build), Paving, Structures (bridges, box culverts, retaining walls), Aggregate Crushing, Drill and Blast, Airports, Automotive Test Tracks, Parks, Mining, and Pavement Maintenance. Differentiated technical capabilities include Accelerated Bridge Construction (lateral slide methods and prefabricated elements, applied across six Arizona projects since 2015), a proprietary portable asphalt rubber blending system that produces at rates unmatched by competitors, and high-throughput aggregate crushing supported by company-owned pits in Williams and Buckeye, Arizona.

FNF serves state departments of transportation (notably ADOT and CDOT), municipal and local governments, tribal nations (Gila River Indian Community, Pueblo of Acoma), federal agencies (FHWA), and private customers including General Motors, Toyota, and Chrysler (for proving ground and test track work). The company is licensed in Arizona, California, Montana, Nevada, New Mexico, North Dakota, and Utah, and qualifies to work throughout the continental United States. It executes more than $1B in hard bids annually and pursues an enterprise field-sales GTM using partnering-management and alternative-delivery methods.

The business model is project-based, one-time contract revenue earned through competitive bidding and alternative delivery methods (CMAR, Design-Build) with public-sector clients and direct negotiation with private owners. Materials (aggregate and asphalt rubber binder) are produced in-house and used primarily on FNF projects, providing vertical-integration-driven cost control. Revenue is concentrated in recurring relationships with ADOT and other Southwest DOTs, supplemented by municipal, tribal, federal, and select private-sector engagements. Recognized as the #1 Heavy-Highway Contractor in Arizona for 19 consecutive years through 2018 by Ranking Arizona, with extensive AGC, NAPA, ENR, and state partnering awards across 2013–2025.

Name

FNF Construction, Inc

Legal name

FNF Construction, Inc.

Website

https://fnfinc.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

FNF Construction is a heavy-highway and general engineering contractor serving state DOTs, municipalities, tribal governments, and private clients across the Southwestern U.S. It acts as general contractor, subcontractor, and in-house aggregate/asphalt-rubber-binder producer, executing over $1B in annual hard bids.

Ownership category

akta.pro rank

Headquarters

HQ city

Tempe

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting Services: Heavy-highway construction and general engineering work performed as a general contractor on major infrastructure projects including highways, bridges, airports, and test tracks
2. Subcontracting Services: Provides specialized construction services as a subcontractor on projects managed by other general contractors
3. Aggregate and Asphalt Rubber Binder Production: Manufactures and produces construction materials including aggregate and asphalt rubber binder for use on company projects and potentially external customers
4. Material Supply Operations: Provides high production, high quality, and portable construction materials with state-of-the-art equipment technology from company-owned pits in Arizona (Williams, Buckeye)

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

FNF Construction is a heavy-highway construction and general engineering contractor that performs work as a general contractor, subcontractor, and manufacturer/producer of aggregate and asphalt rubber binder. The company executes highway, bridge, airport, mining, and automotive test track projects across the Southwestern United States using alternative project delivery methods including CMAR and Design-Build. Vertically integrated material production (aggregate crushing and asphalt rubber binder manufacturing) supports project delivery with proprietary, portable, high-output equipment.

Product overview

FNF Construction, Inc. is a heavy-highway construction and general engineering contractor established in 1984, operating primarily in the Southwestern United States. The company offers a comprehensive portfolio of construction services including Alternative Project Delivery (CMAR and Design-Build), Paving, Structures (bridges and retaining walls), Aggregate Crushing, Drill and Blast, Parks, Pavement Maintenance, Automotive Test Tracks, Airports, Mining, Asphalt Rubber Blending, and Other Services (Concrete Flatwork, Earthwork, Underground). FNF functions as both a general contractor, subcontractor, and manufacturer/producer of aggregate and asphalt rubber binder, with a partnering management approach that has earned long-lasting relationships with government and private industry clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Alternative Project Delivery Preconstruction and construction services to deliver CMAR (Construction Manager at Risk) and Design-Build projects for government and private clients. Includes constructability reviews, cost modeling, GMP development, and value engineering to optimize project outcomes.
• Paving Quality paving services with in-house quality control staff to prepare mix designs for highways, interstates, roads, and other heavy-civil projects.
• Structures

Quantifiable outcome

• Over 1,000,000 CY excavation required for US 89 landslide reconstruction
• +6 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ames Construction: Privately held heavy-civil and industrial contractor with deep highway, bridge, and earthmoving capabilities across the Western US. Directly comparable to FNF on scope of services, alternative delivery adoption, and Southwest/Mountain-West geographic footprint.
• Sundt Construction: Employee-owned general contractor headquartered in Tempe, AZ, with heavy-civil, transportation, and structures practices across the Southwest. Closely comparable to FNF on geography, service mix, and alternative-delivery expertise.
• Sterling Infrastructure (formerly Sterling Construction): Public infrastructure services company focused on transportation, water, and specialty services across the Southwest and broader Sunbelt. Closely comparable to FNF on heavy-highway services and alternative-delivery contracting.
• Teichert Construction: Employee-owned heavy-civil contractor with Western US focus on highways, bridges, and site development, plus in-house aggregate and asphalt production. Comparable to FNF on vertical integration and regional DOT-heavy project mix.
• Fisher Industries: Privately held heavy-civil contractor and aggregate producer operating across the Western and Southwestern US. Highly comparable to FNF on the integration of heavy-highway construction with owned aggregate production.

Broad incumbents

• Kiewit Corporation: One of North America's largest employee-owned infrastructure contractors with massive heavy-highway and bridge capabilities. Comparable on core services but operates at meaningfully greater scale and geographic breadth than FNF.
• Granite Construction: Public, large-cap heavy-civil general contractor with extensive highway, bridge, and airport work nationwide, including meaningful Southwest operations. Comparable to FNF on heavy-highway services and CMAR/Design-Build delivery, but with broader geographic and segment exposure.
• CEMEX USA: Large vertically integrated building materials supplier with aggregate and ready-mix operations across the Southwest. Comparable to FNF on construction-materials production and Southwest regional footprint.
• Vulcan Materials Company: Largest US producer of construction aggregates and a major asphalt and concrete supplier. Comparable to FNF on the aggregate and asphalt rubber binder production side, though operates primarily as a materials supplier rather than a contractor.
• Oldcastle Materials (CRH Americas): Major US producer of aggregate, asphalt, and ready-mix concrete under CRH plc, with significant Southwest operations. Adjacent comparable to FNF on construction materials supply and infrastructure-spending exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fnf-construction-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

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 FNF Construction, Inc