What Park Construction Company does

Park Construction Company is a fourth-generation, family-owned heavy civil and commercial construction firm headquartered in Minneapolis, Minnesota, founded in 1916 as Park Transfer Company and operating under its current name since the 1920s. The company delivers earthwork, grading, demolition, asphalt paving, utilities, concrete structures, environmental remediation, trucking, and 24/7 emergency response services to clients across the Upper Midwest, Central United States, and Gulf Coast, organized around three primary markets: Heavy Industrial (oil and gas, renewable energy, power plants, refineries, ethanol plants), Commercial (warehouses, hospitality, retail, multi-housing), and Infrastructure (highways, bridges, airports, railroads, flood control). It is one of the largest asphalt paving contractors in the Twin Cities Metro area following a 2014 entry into paving, expanded into oil and gas in 2015 with the Park Energy Services division, acquired Marcy Construction in 2016 to add complex concrete capabilities, and opened a Fargo, North Dakota office in 2023.

The company is differentiated by a tech-enabled jobsite platform anchored in Trimble GPS machine control (30+ systems), Trimble WorksOS real-time monitoring, eBee X drone mapping with Pix4D processing, HCSS Plans digital document management, and in-house 3D modeling for subgrade, pipe trenches, and riprap, all transferred to machines via cloud. Revenue is generated through project-based competitive bidding on public and private contracts with payments tied to project milestones; the HSG Park JV2 joint venture with Harvey Sand & Gravel is used as a dedicated vehicle for USACE, flood control, and DOT opportunities. Customer segments include state DOTs, the U.S. Army Corps of Engineers, Class I railroads such as BNSF, large commercial end users including FedEx, residential developers, and renewable energy clients such as Project LIBERTY. Operations are led by CEO Jeffrey R. Carlson, COO Jacob Droessler, and CFO Holly Ward, with additional regional offices in Grand Forks and a shop/trucking facility in Blaine.

Name

Park Construction Company

Legal name

Park Construction Company

Website

https://parkconstructionco.com

Company type

Private

Founded year

1916

Operating status

Operating

Headcount range

251–500 employees

Short description

Park Construction Company is a fourth-generation, family-owned heavy civil and commercial contractor based in Minneapolis that delivers earthwork, paving, utilities, concrete, demolition, and environmental remediation services across the Upper Midwest, Central U.S., and Gulf Coast, serving government agencies, industrial clients, and commercial developers.

Ownership category

akta.pro rank

Product category

Heavy Civil Construction

NAICS

Other Heavy and Civil Engineering Construction (237990), Utility System Construction (2371), Site Preparation Contractors (23891), Water and Sewer Line and Related Structures Construction (237110)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Asphalt Paving & Roofing Materials (2950), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

akta.pro secondary industry

Mutual Assistance Crew Logistics, Staging & Base Camp Services (EUAEAIAJ)

Keywords

• Heavy civil construction
• Asphalt paving services
• Earthwork and grading
• Infrastructure construction
• Underground utilities installation

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Heavy Civil Construction Services: Project-based construction services including earthwork, grading, demolition, and structural work for heavy industrial and infrastructure projects. Revenue is generated through competitive bidding on public and private sector projects, with payments typically tied to project milestones and completion.
2. Asphalt Paving Services: Full-service asphalt paving for highways, roads, commercial sites, and residential developments. Park has grown to become one of the largest asphalt paving contractors in the Minneapolis/St. Paul Metro area since introducing services in 2014.
3. Oil and Gas Construction Services: Construction services for oil and gas sector including compressor stations, pump stations, meter stations, and facility modifications through Park Energy Services division. Projects range from small meter stations to $100 million facilities.
4. Trucking Services: Park Ave Trucking provides trucking services for aggregates, rubble, demolition and contaminated waste with a fleet of in-town and over-the-road tractors, trucks and trailers serving the Upper Midwest.
5. Concrete Services: Concrete form work, placement, and finishing services acquired through Marcy Construction Company acquisition in 2016, serving heavy industrial and public works projects.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Park Construction Company is a fourth-generation, family-owned heavy civil and commercial construction contractor that delivers earthwork, asphalt paving, underground utilities, concrete structures, demolition, environmental remediation, and trucking services for government, commercial, and industrial clients. The firm operates as both a general contractor and subcontractor, acquiring work primarily through competitive bidding on public infrastructure projects (DOT highways, USACE flood control, municipal work) and through direct contracts with private developers and oil & gas clients across the Upper Midwest, central United States, and Gulf Coast. Support services include 24/7 emergency response for water main breaks, snow hauling, derailings, oil spills, and storm cleanup.

Product overview

Park Construction Company is a fourth-generation family-owned heavy civil and commercial construction company offering a comprehensive portfolio of construction services organized around three primary markets: Heavy Industrial (oil & gas, renewable energy, power plants, refineries), Commercial (warehouses, hospitality, retail, multi-housing), and Infrastructure (highways, bridges, airports, railroads, flood control). The company operates as a unified service provider rather than a software/product platform. Core services include earthwork, asphalt paving (one of the largest in Twin Cities Metro), utilities installation, concrete structures (enhanced by 2016 Marcy Construction acquisition), environmental remediation, demolition, and trucking (Park Ave Trucking). Technology offerings include Trimble GPS machine control systems, eBee X drone mapping with Pix4D, Trimble WorksOS real-time monitoring, HCSS Plans digital plan management, and proprietary 3D modeling services for precision grade control. The company serves clients throughout Minnesota, North Dakota, and 24 additional states across the central and upper Midwest United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Earthwork Services Heavy earth moving, mass grading, and site development services for commercial, industrial, and infrastructure projects across the Upper Midwest.
• Asphalt Paving Full-service asphalt paving using current GPS-controlled technology and equipment for highways, roads, parking lots, commercial sites, and residential developments.
• Underground Utilities Installation

Quantifiable outcome

• Safety performance consistently beats industry standards year after year
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered major, core and minor.

• Marcy Construction CompanymajorStrategic or Co-development Partner · 1 January 2016Marcy Construction Company was acquired in 2016 for their expertise in complex concrete forming and placement for heavy industrial and public works projects. This strategic acquisition supplemented Park's capabilities and expanded service areas.
• Harvey Sand & Gravel (HSG Park JV2)coreStrategic or Co-development PartnerJoint venture partnership formed to pursue government contracting opportunities. The partnership with Harvey Sand & Gravel has resulted in significant growth in government contracting, including USACE projects, Flood Control work, and DOT projects. Brandon Larson, Regional Manager, has been instrumental in developing this JV program.
• BNSF RailwaymajorStrategic or Co-development PartnerPark Construction provides earthwork and excavating services for shoo-fly (temporary railroad bypass) projects near Fargo, ND. Services prepare project areas for BNSF teams to install bypass railroad tracks as part of essential rail construction and repair processes.
• MN OSHA and AGC of MNminorStrategic or Co-development PartnerPark participates in CHASE (Construction Health and Safety Excellence) Level 3 program for safety mentorship, best practices, and quality on selected projects. This partnership provides safety guidance and industry best practice sharing.

Scale indicators3 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Bituminous Roadways Inc. Minneapolis-area asphalt paving and heavy civil contractor directly competing with Park Construction's paving and earthwork divisions across the Twin Cities metro and Upper Midwest.
• Primoris Services Corporation: Specialty construction and infrastructure services provider with comparable exposure to utilities, energy, and civil infrastructure, including oil & gas and renewables adjacency.
• Knife River Corporation: Heavy civil, aggregates, and asphalt paving contractor with deep Upper Midwest presence — overlaps Park's paving, aggregates, and infrastructure work and is a key regional competitor.
• Shafer Contracting Co. Inc. Minnesota-based heavy civil and asphalt paving contractor with similar scope across highways, site development, and utilities — a direct Twin Cities/Upper Midwest peer to Park.
• Ames Construction: Family-owned heavy civil contractor with comparable scope across highways, airports, energy, and rail projects across the Midwest and Mountain West, similar in scale and project profile to Park.
• Sterling Construction Company: Public heavy civil contractor focused on highways, bridges, and water infrastructure — direct overlap with Park's infrastructure market and similar mid-cap positioning.

Broad incumbents

• MasTec Inc. Large national infrastructure construction services firm spanning oil & gas, power, communications, and clean energy — competes with Park Energy Services and broader heavy industrial work.
• Mortenson Construction: Minneapolis-based national general contractor with a much larger footprint in commercial, renewable energy, and sports infrastructure (including U.S. Bank Stadium), competing for the same marquee Upper Midwest projects as Park.
• Granite Construction Incorporated: Public, large-cap heavy civil contractor in transportation infrastructure, water resources, and mining — comparable in market segments (highways, rail, airports) but at materially greater scale than Park.
• Walsh Group / Walsh Construction: National heavy civil and building contractor operating across transportation, water, and rail infrastructure with substantially larger scale and bonding capacity than Park.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/park-construction-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 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 Park Construction Company