Stacy and Witbeck, Inc.

What Stacy and Witbeck, Inc. does

Stacy and Witbeck, Inc. is a U.S. heavy civil infrastructure contractor founded in 1981 in San Francisco and headquartered in Alameda, California. The firm specializes in complex rail transit and urban infrastructure projects, including light rail, commuter rail, high-speed rail, streetcar systems, stations, bridges, and water/wastewater infrastructure. It self-performs civil, structural, mechanical, track, and systems work, with wholly-owned subsidiary Modern Railway Systems (MRS) providing in-house signaling, communications, and positive train control integration. The company is 100% employee-owned through an ESOP and is privately held with no institutional equity backing.

Stacy Witbeck generates revenue through competitive bidding on public-sector contracts, primarily with government-owned transit authorities. Delivery methods span Construction Manager/General Contractor (CM/GC), Construction Manager at Risk (CMAR), progressive design-build, design-build, and traditional bid-build. Named public-sector customers include Caltrain, Sound Transit, LA Metro, MTC, VTA, SANDAG, Brightline, Northern Colorado Transportation Agency, and Amtrak. Major project awards include the $2.08 billion Caltrain Electrification (delivered via the SSH Joint Venture with Skanska and Herzog), the $1.5 billion SANDAG Mid-Coast Corridor, the $700 million Brightline West high-speed rail contract, and the $141.5 million Sound Transit Lynnwood Link Extension, among others.

The company competes through vertically integrated delivery, long-standing transit-agency relationships, and a flagship joint venture with Skanska and Herzog (SSH Joint Venture) that enables participation in mega-projects requiring large bonding capacity and multi-disciplinary capabilities. It operates across four U.S. regions — West, Mountain, Central, and East — with regional offices and project teams in California, Oregon, Washington, Utah, Arizona, Texas, Colorado, North Carolina, and other markets. Headcount is in the 251–500 range; revenue is not publicly disclosed. Leadership is anchored by long-tenured executives: CEO George Furnanz, President Clayton Gilliland, and a Senior VP bench covering Large Projects (COO), East region, Pursuits, Estimating, and Corporate Support.

Name

Stacy and Witbeck, Inc.

Legal name

Stacy and Witbeck, Inc.

Website

https://stacywitbeck.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

251–500 employees

Short description

Stacy and Witbeck is a private, 100% employee-owned (ESOP) U.S. heavy civil contractor founded in 1981, specializing in rail transit, high-speed rail, bridges, and water infrastructure for government transit agencies nationwide.

Ownership category

akta.pro rank

Product category

Heavy Civil Infrastructure Construction

NAICS

Highway, Street, and Bridge Construction (23731), Power and Communication Line and Related Structures Construction (237130), Water and Sewer Line and Related Structures Construction (23711), Utility System Construction (2371)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Construction - Special Trade Contractors (1700), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Concrete Cutting, Coring & Sawing (IMAFAKAL)

akta.pro secondary industry

Transmission Line/Stringing & Live-Line Construction Services (EUAEABAJ)

Keywords

• Heavy civil construction
• Rail transit construction
• Infrastructure contracting
• Design-build services
• Railway signaling systems

Headquarters

HQ city

Alameda

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Others

Revenue model

1. Heavy Civil Construction: Project-based construction revenue from infrastructure projects including track work, station construction, and civil engineering. Revenue is earned through competitive bids on public transit projects under design-build, construction manager at risk, and traditional bid-build delivery methods.
2. Railroad Systems Integration: Signaling and communication systems installation and integration through subsidiary Modern Railway Systems (MRS)

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Stacy and Witbeck, Inc. is a full-service heavy civil infrastructure contractor that self-performs end-to-end construction services for complex urban transit and infrastructure projects. Its core work covers rail transit (light rail, commuter rail, high-speed rail, streetcars), stations, bridges, highways, tunnels, and water/wastewater systems, delivered via CMAR, CM/GC, Design-Build, and Bid-Build methods. Through wholly-owned subsidiary Modern Railway Systems (MRS), the company also delivers signaling, communications, traction power, and overhead catenary systems integration.

Product overview

Stacy Witbeck is a full-service heavy civil infrastructure contractor operating as a single unified business rather than a platform-plus-modules architecture. The company's core offering encompasses end-to-end construction services for complex urban infrastructure projects, with four primary service pillars: Client-Focused Project Management, Alternative Delivery, Complete Systems Solutions (via subsidiary Modern Railway Systems), and Complex Infrastructure Construction. The company also offers specialized Water & Wastewater Infrastructure services and High-Speed Rail Construction Services. The portfolio spans rail transit (light rail, commuter rail, high-speed rail, streetcars, cog railways), bridges and highways, stations, maintenance facilities, and water/wastewater systems. Modern Railway Systems (MRS) provides specialized signaling, communications, and systems integration as a wholly-owned subsidiary. Projects are delivered through various methods including CMAR, CM/GC, Design-Build, and Bid-Build contracts.

Differentiator

Problem solved

Functional benefit

Products and services

• Client-Focused Project Management Collaborative project management service that engages key stakeholders, partners, and subcontractors to minimize costs and efficiently reach project goals on heavy civil and rail transit projects.
• Alternative Delivery Collaborative project delivery methods including Construction Manager at Risk (CMAR), Construction Manager/General Contractor (CM/GC), and Design-Build approaches tailored to each project's needs.
• Complete Systems Solutions Communications and signaling systems provided through wholly-owned subsidiary Modern Railway Systems (MRS), including traction power, overhead catenary systems (OCS), signals, and communications infrastructure for rail projects.
• Complex Infrastructure Construction Heavy civil construction services for complex bridges, highways, rail guideways, stations, and urban infrastructure requiring specialized execution capabilities.
• High-Speed Rail Construction Services Comprehensive high-speed rail construction capabilities including utilities, earthwork, track installation, signaling, and communications, delivered through partnerships with domestic and international experts.
• Modern Railway Systems (MRS) Wholly-owned subsidiary providing signaling and communications systems design, installation, and testing for rail transit projects, including positive train control (PTC), communications systems, and system integration.
• Water & Wastewater Infrastructure Water and wastewater infrastructure solutions including conveyance systems, pump stations, treatment facilities, flow control stations, reservoirs, and stormwater capture systems for utility agencies.

Quantifiable outcome

• Completed major Caltrain electrification project with $2.08 billion contract value
• +2 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Modern Railway Systems (MRS)coreOthersMRS is a wholly-owned subsidiary of Stacy Witbeck providing railroad signal and communication systems installation and integration services. This subsidiary enables the parent company to offer integrated rail systems construction including wayside signals, positive train control, and communication infrastructure.
• SkanskaflagshipStrategic or Co-development PartnerSkanska is a sister company within the larger corporate structure. The companies collaborate on major joint ventures including the SSH Joint Venture for large-scale rail transit projects. Skanska provides heavy civil construction expertise and additional bonding capacity for mega-projects.
• HerzogcoreStrategic or Co-development PartnerHerzog is a long-term joint venture partner on major rail projects including the SSH Joint Venture and the Brightline West high-speed rail project. Herzog provides additional construction capabilities and shared risk on complex transit projects.
• SSH Joint Venture (Skanska/Stacy Witbeck/Herzog)flagshipStrategic or Co-development PartnerJoint venture entity combining three leading rail contractors for major projects including the $2.08 billion Caltrain electrification project. Enables shared resources, risk mitigation, and combined expertise on mega-projects.

Scale indicators5 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Skanska USA Civil: Sister company and joint venture partner (SSH Joint Venture) performing rail transit and heavy civil construction across the U.S., including the Caltrain Electrification and Brightline West projects. Directly competes on and collaborates with Stacy Witbeck on the same mega-projects.
• Flatiron Construction: Heavy civil subsidiary of HOCHTIEF delivering transit rail, bridges, and civil infrastructure across the western U.S., including Caltrain corridor and BART work. Directly competes for the same transit agency contracts.
• Balfour Beatty Rail: International rail infrastructure contractor with U.S. operations delivering trackwork, electrification, and signaling on transit and freight rail projects. Comparable specialty rail focus and signaling systems capability.
• Herzog Contracting Corp. Long-time joint venture partner (SSH Joint Venture) on rail transit and high-speed rail projects including Brightline West. Directly comparable as a specialty rail contractor with overlapping capabilities in track, signaling, and systems.

Broad incumbents

• Hensel Phelps: Employee-owned general contractor with heavy civil, transit, and infrastructure capabilities including rail stations and transit-oriented development. Comparable employee-ownership model and western U.S. presence.
• Granite Construction Incorporated: Publicly-traded infrastructure contractor with heavy civil and rail transit work, including light rail and transit guideway projects in California and the western U.S. Overlapping customer base (transit agencies) but much larger and more diversified.
• Kiewit Infrastructure West: Major employee-owned heavy civil contractor (similar ESOP ownership model) executing large rail transit, bridge, and infrastructure projects on the West Coast. Closely comparable business model and target market.
• Walsh Construction: Family-owned heavy civil and transit contractor executing light rail, commuter rail, and bridge projects for U.S. transit agencies. Comparable employee-ownership ethos and project portfolio.
• Tutor Perini Corporation: Large publicly-traded heavy civil contractor executing major rail transit, tunneling, and infrastructure projects across the U.S. (e.g., East Side Access, California High-Speed Rail). Comparable scale and project type but broader geographic and sector reach.

Emerging players

• Modern Railway Systems (MRS) competitors: Specialty signaling and communications systems integrators (e.g., Hitachi Rail, Wabtec, Siemens Mobility) compete for the rail systems scope that MRS performs internally. Relevant as adjacent/captive competitors for Stacy Witbeck's systems work.

Market position

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/stacywitbeck
• YouTubeyoutube.com/user/stacyandwitbeck
• Facebookfacebook.com/stacyandwitbeck
• LinkedInlinkedin.com/company/stacy-and-witbeck-inc.
• Instagraminstagram.com/stacywitbeck

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Stacy and Witbeck, Inc.