What Reed & Reed does

Reed & Reed, Inc. is a fourth-generation, 100% employee-owned (ESOP, est. 2016) heavy civil construction general contractor headquartered in Woolwich, Maine. The company was founded in 1928 as a bridge builder and operates today as one of Northern New England's largest and most versatile general contractors, executing bridge, marine, wind energy, and heavy industrial projects.

Its service portfolio spans six core lines: Design-Build, EPC Contracting, Fast Track, Value Engineering, Wind Power Services, and traditional Heavy/Marine Construction. Core technical capabilities include segmental and cable-stayed bridge construction, bridge slide-in replacement (e.g., Bearcamp Relief, Ossipee), one of only two concrete tied arch bridges in the United States (Norridgewock Arch), marine terminal and pier construction, and full EPC delivery for utility-scale wind farms including foundations, collection systems, substations, and turbine erection using the largest crawler crane in New England (Manitowoc MLC 650 VPC-MAX). The company self-performs key scopes rather than relying heavily on subcontractors, giving it tighter schedule and quality control; documented track record includes multiple completions ahead of schedule and on or under budget.

Reed & Reed generates project-based revenue as a general contractor and EPC contractor under fixed-price and cost-plus contracts. Its go-to-market relies on competitive public-sector bidding (state DOTs, US Navy, Amtrak) for transportation and infrastructure work and on competitive EPC bidding by wind developers (Apex, Avangrid, Longroad, Clearway, SunEdison, and others) following developer RFPs. Larger or out-of-region projects are pursued through joint ventures, most notably the Bechtel/Reed & Reed JV for West Virginia wind projects. Customers are predominantly government transportation agencies (Maine DOT, NHDOT, VTrans) and wind energy developers across the Northeast and adjacent states.

Name

Reed & Reed

Legal name

Reed & Reed, Inc.

Website

https://reed-reed.com

Company type

Private

Founded year

1928

Operating status

Operating

Headcount range

11–50 employees

Short description

Reed & Reed is an ESOP-held, fourth-generation heavy civil general contractor headquartered in Woolwich, Maine, that delivers bridge, marine, and utility-scale wind EPC projects for state DOTs, federal agencies, and wind developers across the Northeastern United States.

Ownership category

akta.pro rank

Product category

Heavy Civil Construction Services

NAICS

Highway, Street, and Bridge Construction (237310), Power and Communication Line and Related Structures Construction (237130), Water and Sewer Line and Related Structures Construction (237110)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Wind Farm EPC & Balance of Plant Construction (Civil, Electrical, Substations) (EUAMACAF)

akta.pro secondary industries

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI), Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

Keywords

• Heavy civil construction
• Bridge construction services
• Wind farm EPC contracting
• Marine terminal construction
• Design-build infrastructure

Headquarters

HQ city

Woolwich

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Construction Contracting: Reed & Reed generates revenue as a general contractor and EPC (Engineer-Procure-Construct) contractor on construction projects. Revenue is earned through fixed-price or cost-plus construction contracts with government agencies (state DOTs, municipalities, federal) and private-sector clients (wind farm developers, industrial companies). The company self-performs core scopes (foundations, structural work, turbine erection) while managing subcontractors for specialty trades. Revenue is project-based, one-time per contract, with some multi-year projects. The company also operates joint ventures (e.g., Bechtel/Reed & Reed JV) on large-scale projects where contract value is shared.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Reed & Reed is a general contractor and EPC contractor delivering heavy civil construction services, including bridge construction and replacement (cable-stayed, segmental, concrete tied arch, slide-in), marine terminal and pier construction, transportation infrastructure, and full-scope wind farm construction (foundations, collection systems, substations, and turbine erection). Projects are delivered for state DOTs, federal agencies, and private wind energy developers primarily across Northern New England, with extensions to West Virginia via the Bechtel/Reed & Reed joint venture.

Product overview

Reed & Reed is a general contractor offering construction services, not a software product company. The company's offerings consist of professional construction and engineering services organized around six service lines: Design-Build, EPC Contracting, Fast Track, Value Engineering, Wind Power Services, and general Heavy Construction and Marine Construction capabilities. The Wind Power Services offering is their most prominent specialized service, encompassing full EPC delivery for wind farm projects including sitework, turbine foundations, electrical collection systems, substations, transmission lines, and turbine erection. Their core competencies include bridge construction (cable-stayed, segmental, conventional), marine terminal construction, and heavy civil construction projects throughout New England.

Differentiator

Problem solved

Functional benefit

Brands

• Bechtel/Reed & Reed Joint Venture: Joint venture partnership with Bechtel for wind power construction projects, including Black Rock Wind and Pinnacle Wind projects in West Virginia.
• Reed & Reed/Cianbro Joint Venture

Products and services

• Design-Build Services Single-contract project delivery combining engineering/ design and construction under one agreement, provided to government agencies and private developers for complex infrastructure and energy projects.
• EPC Contracting Engineer-Procure-Construct (EPC) contracting in which Reed & Reed assumes single-point responsibility for engineering, procurement, and construction of complex infrastructure projects for government and private clients.
• Fast Track Construction Accelerated construction delivery method that compresses project schedules through overlapping design and construction phases, used by clients needing rapid completion.
• Value Engineering Services Cost and design optimization service that identifies alternatives to maximize project value and efficiency for government, industrial, and energy clients.
• Wind Power Services (Wind Farm EPC) Full-scope EPC services for utility-scale wind farm construction, including sitework, turbine foundations, collection systems, substations, transmission lines, and turbine erection. Provided to wind farm developers such as Apex Clean Energy, Avangrid Renewables, Longroad Energy, Clearway Energy Group, Iberdrola, and others.
• Bridge Construction Construction and replacement of bridges including cable-stayed, segmental, precast, concrete tied arch, and slide-in designs. Delivered for state DOTs (Maine DOT, NHDOT, VTrans) and federal agencies on projects ranging from $1M to $89M+.
• Heavy Construction Heavy civil construction including industrial facilities, pile driving, and specialized construction projects for industrial, defense, and government clients.
• Marine Construction Marine terminal construction, pier rehabilitation, and waterfront facility development for government (Navy, maritime academies) and industrial clients.

Quantifiable outcome

• Reed & Reed has installed over 425 wind turbines producing more than 1,040 MW of clean, renewable electricity across New England (as of Deerfield Wind completion, 2017)
• +4 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered flagship / core and core.

• Bechtel (Joint Venture)flagship / coreStrategic or Co-development Partner · 1 January 2021Reed & Reed formed a joint venture with Bechtel to pursue wind energy construction projects, combining Reed & Reed's wind power expertise with Bechtel's global engineering, procurement, and construction capabilities. The Bechtel-Reed & Reed JV has completed two West Virginia wind projects: Black Rock Wind (23 turbines, 115 MW, Clearway Energy Group) and Pinnacle Wind Repower (23 turbines, West Virginia). These were the first wind projects completed by the JV team outside the New England region. Combined contract value exceeded $100 million. The partnership enables Reed & Reed to access larger projects and new geographic markets beyond the Northeast.
• Clearway Energy GroupcoreStrategic or Co-development Partner · 1 January 2021Clearway Energy Group selected the Bechtel-Reed & Reed Joint Venture to build its Black Rock Wind Farm in Grant County and Mineral Counties, West Virginia. The project represents a nearly 15% increase in West Virginia's wind power capacity and produces enough green energy to power 34,000 homes. The project created approximately 200 construction jobs in the area during construction. Commercial operation was targeted for late 2021. The partnership reflects Clearway's continued investment in West Virginia renewable energy.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Bechtel: Bechtel is Reed & Reed's JV partner and a globally diversified EPC incumbent across energy, infrastructure, and defense. As a JV counterparty and project pipeline conduit, it is the most strategically relevant broader incumbent peer.

Direct peers

• Cianbro: Cianbro is a Pittsfield, Maine-based heavy civil construction and EPC firm with a comparable New England footprint, services spanning bridges, marine, and industrial, and a long JV history with Reed & Reed (e.g., Penobscot Narrows Bridge). Headcount and revenue are multiples of Reed & Reed.
• Sundt Construction: Sundt is a regional heavy civil contractor with comparable bridge, transportation, and industrial self-perform work in the western US. It is similar in size, employee-led structure, and capability mix to Reed & Reed.
• Ames Construction: Ames is a privately held heavy civil contractor that self-performs earthwork, foundations, bridges, and energy infrastructure. Family ownership and a regional-to-national footprint make it a comparable peer to Reed & Reed's mixed DOT/energy model.
• Granite Construction: Granite Construction is a publicly traded heavy civil contractor with significant bridge, transportation, and water-resource work. It represents a similarly diversified regional-to-national peer for Reed & Reed's transportation infrastructure and bridge business.
• Mortenson Construction: Mortenson is one of the largest US wind EPC contractors with national reach. It is the most directly comparable peer for Reed & Reed's wind BOP and turbine erection business, though it operates at substantially larger scale across multiple renewable segments.
• Wanzek Construction (M. A. Mortenson affiliate): Wanzek is a wind and heavy civil EPC contractor that self-performs wind BOP, foundations, and turbine erection services closely paralleling Reed & Reed's Wind Power Services offering.
• Lane Construction (a Webuild company): Lane is a heavy civil contractor with strong bridge, highway, and energy/infrastructure capabilities. It competes with Reed & Reed for state DOT bridge replacement awards and utility-scale wind BOP work in the eastern US.
• Flatiron Construction (a HOCHTIEF company): Flatiron is a heavy civil contractor with strong bridge, highway, and renewable energy project portfolios. It is comparable to Reed & Reed for bridge construction and wind BOP work, though it operates at significantly larger scale.
• Blattner Renewable Energy (a Quanta Services company): Blattner is a leading utility-scale wind EPC contractor that self-performs foundations, collection systems, and turbine erection. As a Quanta-owned operator, it is the closest large-scale analog to Reed & Reed's integrated wind BOP model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/Reed04579
• Facebookfacebook.com/ReedReed1928
• LinkedInlinkedin.com/company/reed-reed-inc

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 Reed & Reed