TIC - The Industrial Company

What TIC - The Industrial Company does

TIC - The Industrial Company is a privately held, direct-hire general contractor founded in 1974 in Steamboat Springs, Colorado and operating today as a wholly-owned subsidiary of Kiewit Corporation. The company provides engineering, procurement, and construction (EPC) services for major industrial projects across North America, organized around four market segments: Power and Renewable Energy (natural gas, solar, wind, hydrogen, carbon capture, nuclear, transmission); Oil, Gas and Chemical (refineries, LNG, petrochemicals, gas processing); Industrial (mineral processing, data centers, semiconductor, EV battery, process industries); and Marine and Heavy Civil (docks, bridges, piers, dredging, levees). Revenue is generated primarily through project-based EPC contracts won via competitive bidding and direct owner relationships, with contract values ranging from small capital work to multi-billion-dollar engagements such as the $3 billion-plus Oglethorpe Power combined-cycle plant awarded in January 2026.

TIC differentiates operationally through self-perform capability across civil, structural steel, mechanical, process piping, electrical, and instrumentation scopes, supported by North America's largest privately owned equipment fleet and a Texas Gulf Coast fabrication facility in Ingleside featuring the largest onshore lifting device in the Western Hemisphere at 12,500-ton rated capacity. Its go-to-market is enterprise field sales targeting utilities, energy majors, mining operators, refiners, and industrial owners, with relationship-driven bidding rather than demand-generation marketing. The workforce is built through an NCCER-accredited craft training program delivered via a 150,000-square-foot Aurora, Colorado training center, mobile training facilities, and an Accelerated Journeyman Development Program covering seven craft disciplines, supporting a direct-hire labor base averaging over 30 million man-hours annually in the Oil, Gas and Chemical segment alone.

Project management and execution controls run on InEight software; revenue is project-specific and not publicly disclosed. The company employs 5,001-10,000 people and operates from offices in Colorado, Georgia, Florida, Kansas, and South Carolina with project reach across the United States, Canada, and Mexico. Notable customer engagements include Oglethorpe Power, Gulf Coast Growth Ventures, Freeport LNG, Shell, NRG Energy, Barrick Goldstrike, Georgia-Pacific, and Zen-Noh, with repeat-customer depth evident in long-running relationships at Elba Island LNG (30+ projects since 2001) and the Belridge Producing Complex for Aera Energy since 2001.

Name

TIC - The Industrial Company

Legal name

TIC – The Industrial Company

Website

https://ticus.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

TIC - The Industrial Company is a privately held, direct-hire EPC general contractor serving utilities, energy majors, refiners, mining operators, and industrial owners across North America. Founded in 1974 and operating as a Kiewit subsidiary, it self-performs large-scale power, oil/gas/chemical, industrial, and marine heavy civil projects from offices in the U.S., Canada, and Mexico.

Ownership category

akta.pro rank

Product category

Industrial Construction Services

SIC

Sheet Metal Work (3444), Special Industry Machinery, Nec (3559), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Testing, Inspection, Certification & Commissioning (TICx) Technical Services (BPAHAIAL)

akta.pro secondary industries

Industrial & Process Engineering Consulting (BPAHAIAF), Process Plant & Materials Handling EPC (Crushing, Conveying, Stockpiles, Loadout) (IMAKAOAE)

Keywords

• Industrial construction services
• Engineering procurement construction
• Heavy civil construction
• Oil gas chemical construction
• Power generation construction

Headquarters

HQ city

Englewood

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracts for Industrial Construction: TIC generates revenue through engineering, procurement, and construction (EPC) contracts as a direct-hire general contractor for major industrial projects. Revenue is project-based, one-time, and varies significantly in size from small capital work to multi-billion dollar projects. The company self-performs the majority of craft work including civil, structural steel, mechanical, process piping, electrical, and instrumentation.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

TIC – The Industrial Company is a direct-hire general contractor providing world-class engineering, procurement, and construction (EPC) services for major industrial projects across North America. The company self-performs the majority of craft work including civil, structural steel, mechanical, process piping, electrical, and instrumentation across four market segments: Power, Oil/Gas/Chemical, Industrial, and Marine and Heavy Civil, supported by in-house fabrication and NCCER-accredited craft training.

Product overview

TIC – The Industrial Company is a direct-hire general contractor providing world-class construction services for major industrial projects across North America. The company operates as a single unified service offering centered on full-project-delivery EPC (Engineering, Procurement, and Construction) solutions, augmented by in-house fabrication capabilities and workforce development programs. The core portfolio spans four primary market segments: Power Market Solutions (solar, BESS, wind, hydrogen, geothermal, carbon capture, nuclear, natural gas); Oil, Gas & Chemical Services (LNG, refining, petrochemicals); Industrial Construction (mineral processing, advanced technologies); and Marine and Heavy Civil Construction. Supporting these market offerings is an in-house fabrication division with the Western Hemisphere's largest onshore lifting device (12,500-ton capacity) and a comprehensive NCCER-accredited craft training program featuring a 150,000-square-foot training center, the Accelerated Journeyman Development Program (AJDP), and Mobile Training Facilities. The company self-performs the majority of its work including civil, structural steel, mechanical, process piping, electrical, instrumentation and controls.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering, Procurement, and Construction (EPC) Services Full-project-delivery engineering, procurement, and construction (EPC) solutions for major industrial projects of all sizes — from small capital work to multi-billion-dollar projects — providing integrated engineering, procurement, and construction services to enterprise industrial owners.
• Power Market Solutions Construction and maintenance services for power generation projects including solar, battery energy storage systems (BESS), wind, hydrogen, geothermal, carbon capture, offshore wind, commercial nuclear, natural gas, and power delivery infrastructure.
• Oil, Gas & Chemical Services Construction services for oil, gas, and chemical markets spanning refineries, natural gas processing facilities, petrochemical plants, LNG liquefaction plants, storage tanks, ethane crackers, and propane dehydrogenation units.
• Industrial Construction Services Construction services for industrial markets including mineral processing facilities for precious metals, rare earths and critical minerals; process industries; advanced technologies such as data centers, semiconductor and EV battery manufacturing; and industrial energy and water facilities.
• Marine and Heavy Civil Construction Self-performed marine and heavy civil construction operations supported by in-house equipment fleet and fabrication facilities. Services include lock and dam repairs, docks, bridges, piers, dredging, marinas, LNG marine facilities, and concrete construction.
• Fabrication Services In-house fabrication capabilities featuring the largest onshore lifting device in the Western Hemisphere with 12,500-ton rated capacity. Texas Gulf Coast facility in Ingleside, Texas includes deep water, rail, and road access for handling and delivering projects of any size or complexity.
• NCCER-Accredited Craft Training Programs Nationally accredited craft training and development programs including a 150,000-square-foot craft training center, Accelerated Journeyman Development Program (AJDP) covering seven craft disciplines (electrical, ironworking, millwright, pipefitting, lineworker, multidisciplinary, and solar installation), and Mobile Training Facilities (MTFs) providing on-site career-elevating training.

Quantifiable outcome

• Direct-hire labor force averaging 30+ million man-hours annually over past five years in Oil, Gas & Chemical segment
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Oglethorpe PowercoreStrategic or Co-development Partner · 16 January 2026TIC was awarded an engineering, procurement, and construction (EPC) contract by Oglethorpe Power to build a combined-cycle natural gas power plant in Monroe County, Georgia. The two-unit facility will have 1,425 megawatts of capacity as a capital investment exceeding $3 billion. TIC expects to mobilize in spring 2026 with commercial operation targeted for 2029.
• Chiyoda International CorporationcoreStrategic or Co-development PartnerCKJV is a partnership between Kiewit and Chiyoda formed to execute the EPC contract with Gulf Coast Growth Ventures (GCGV) for a world-class plastics manufacturing facility in Gregory, Texas. TIC constructs the olefins portion (1.8 MTPA ethylene plant), while the JV provides overall project coordination and management. This represents a significant strategic alliance for major petrochemical projects.
• Kiewit CorporationcoreStrategic or Co-development PartnerTIC is a subsidiary of Kiewit Corporation, one of North America's largest construction and engineering organizations. This relationship provides TIC with access to vast resources, strong banking and bonding relationships, and the ability to support projects of nearly any size.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bechtel Corporation: One of the largest privately held EPC contractors in the world, executing megaprojects across power, LNG, refining, petrochemicals, and infrastructure. Directly comparable to TIC in scope, self-perform model, and direct-hire craft labor approach.
• Fluor Corporation: Publicly listed global EPC firm serving energy, mining, industrial, and government clients with megaproject capabilities. Comparable to TIC in oil & gas, LNG, petrochemical, and power project delivery, though with a heavier international footprint.
• Jacobs Solutions: Engineering services and EPC firm with major presence in power, water, advanced facilities, and critical infrastructure. Comparable to TIC's industrial engineering, project management, and EPC delivery model.
• Zachry Group: Privately held EPC contractor with significant power generation and industrial process plant capabilities, including combined-cycle, simple-cycle, and renewable energy projects. Direct competitor to TIC on power and process plant EPC scopes.
• Turner Industries: Large privately held industrial services and construction firm serving petrochemical, refining, and energy clients across the Gulf Coast and beyond. Comparable direct-hire industrial construction model serving similar oil, gas, and chemical customers.
• PCL Construction: Privately held Canadian-headquartered construction firm with major industrial, civil, and building operations across North America. Comparable to TIC in self-perform industrial EPC and heavy civil capabilities.

Broad incumbents

• Kiewit Corporation: TIC's parent company and one of North America's largest construction and engineering organizations operating across infrastructure, building, mining, power, and oil & gas. The parent provides TIC with bonding, capital, and resource support while overlapping on select industrial scopes.
• Granite Construction: Publicly listed heavy civil and infrastructure construction firm with material exposure to energy, water, and transportation markets. Overlaps with TIC's Marine and Heavy Civil segment, particularly in bridges, dams, ports, and concrete structures.
• Quanta Services: Largest publicly listed specialty contractor in North America focused on electric power, oil & gas, and renewable energy infrastructure. Comparable to TIC's Power market and transmission/distribution capabilities, though Quanta is more focused on utility-scale T&D services.
• MasTec: Publicly listed infrastructure construction firm serving power delivery, oil & gas, clean energy, and communications markets. Comparable to TIC's energy infrastructure and pipeline capabilities across North America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 TIC - The Industrial Company