Icon Industrial Services

What Icon Industrial Services does

Icon Industrial Services is a privately held industrial contracting firm headquartered in Cedar Rapids, Iowa, founded in 2011. The company provides an integrated portfolio of millwright, structural steel fabrication and erection, sheetmetal, custom fabrication, and general contracting services to industrial clients throughout the United States. Its customer base spans four core verticals: industrial manufacturing facilities, grain processing operations, food processing plants, and energy production sites, with engagements ranging from one-day maintenance shutdowns to large-scale facility expansions and new plant construction.

The company's technical capabilities center on a skilled trades execution model supported by an in-house AutoCAD design team, precision laser alignment equipment for equipment installation, and a state-of-the-art fabrication facility that produces sheetmetal, structural, and custom material handling components. Millwright crews include certified riggers and welders, and each tradesman completes four years of safety training through an internal apprenticeship program. The firm holds an ISNetworld A prequalification rating, which permits work in most industrial facilities and is positioned as a core safety credential. Leadership is described as carrying 150+ years of combined relevant experience.

Icon Industrial Services generates revenue through project-based professional services contracts, with pricing determined per engagement via competitive bidding, negotiation, or repeat-client arrangements. The go-to-market model is sales-led and direct: customers initiate contact by phone or website to request quotes, and field crews then mobilize to client sites with the tools and equipment needed to execute. Distribution is exclusively direct, with no intermediaries, resellers, or channel partners, and marketing relies primarily on the company website, Facebook, and LinkedIn rather than paid acquisition or content programs.

Name

Icon Industrial Services

Legal name

Icon Industrial Services

Website

https://iconindustrialservices.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Icon Industrial Services is a Cedar Rapids, Iowa-based industrial contractor founded in 2011 providing millwright, structural steel, sheetmetal, custom fabrication, and general contracting services to manufacturing, grain processing, food processing, and energy clients across the United States.

Ownership category

akta.pro rank

Product category

Industrial Contracting Services

NAICS

All Other Industrial Machinery Manufacturing (333248), Industrial Machinery Manufacturing (33324), Construction Machinery Manufacturing (333120)

SIC

General Industrial Machinery & Equipment (3560), General Industrial Machinery & Equipment, Nec (3569), Construction Machinery & Equip (3531)

akta.pro primary industry

Automotive & Heavy Manufacturing Plant Construction (IMAFADAK)

akta.pro secondary industry

Cranes, Hoists & Overhead Material Handling (Industrial) (IMAHABAE)

Keywords

• Industrial millwright services
• Structural steel erection
• Sheetmetal fabrication
• Industrial maintenance services
• General industrial contracting

Headquarters

HQ city

Cedar Rapids

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Industrial Contracting Services: Project-based professional services revenue from millwright, structural steel, sheetmetal, and fabrication services. Services range from one-day maintenance shutdowns to large-scale facility expansions and new construction projects. Revenue generated through competitive bidding, negotiated contracts, and repeat client relationships.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Icon Industrial Services is an industrial contractor providing millwright services, structural steel fabrication and erection, sheetmetal fabrication, custom in-house fabrication, and general contracting for industrial facilities. Projects range from one-day maintenance shutdowns to large-scale facility expansions and new construction, executed by skilled tradesmen including certified riggers, welders, and precision alignment specialists.

Product overview

Icon Industrial Services is an industrial contractor offering a portfolio of integrated services centered on millwright and sheetmetal maintenance and new construction. The core offering consists of five main service areas: Millwright Services (maintenance, equipment installation, precision alignment, rigging, and demolition), Structural Fabrication & Erection (steel supply and erection for facility expansions and new construction), Sheetmetal Services (dust collection, hoppers, tanks, cyclones for industrial facilities), Custom Fabrication (state-of-the-art in-house fabrication using AutoCAD for custom components), and General Contracting (project management and trade coordination). These services are designed to work together, allowing Icon to handle everything from small maintenance activities to large-scale plant shutdowns and facility expansions, with in-house fabrication capabilities supporting all divisions.

Differentiator

Problem solved

Functional benefit

Products and services

• Millwright Services Industrial millwright services for plant and equipment maintenance, equipment and conveyor installations, equipment relocation, heavy equipment moving, certified rigging, certified welding, precision laser alignment and layout, equipment grouting, and equipment demolition. Crews include certified riggers, welders, and precision alignment specialists trained through an extensive apprenticeship program.
• Structural Fabrication & Erection Premier steel erector service for industrial production companies, handling structural steel supply, sourcing, detailing, scheduling, and skilled steel erection crews for existing facility expansions, new plant construction, small retrofits, repairs, and additions. Crews include certified welders and certified riggers with experience working in operating facilities.
• Sheetmetal Services Sheetmetal services for grain, energy, and food processing facilities, providing dust collection systems, hoppers and tanks, cyclones, spouting, shutdown services, welding services, specialty abrasion resistant liners, and repairs and maintenance.
• Custom Fabrication In-house custom fabrication service using AutoCAD for design, processing materials to fabricate sheetmetal spouts, sheetmetal ducting, miscellaneous fittings, gates and valves, custom parts, wear liners, hoppers and tanks, structural platforms, miscellaneous metals, parts burning, welding, rolling, forming, and painting for industrial plants.
• General Contracting General contracting services for industrial projects including project management, scheduling, trade coordination, structural work, equipment installation, sheetmetal, and sub-trades (civil, concrete, mechanical piping, electrical, and architectural) for projects ranging from small jobs to turnkey projects.

Quantifiable outcome

• 4 years of safety training per millwright tradesman
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• APi Group Corporation: Public holding of safety, specialty, and industrial services businesses; competes for industrial facility maintenance and specialty contracting work.
• Matrix Service Company: Industrial contractor focused on storage terminals, power, and process plant construction and maintenance — directly comparable as a specialty industrial contractor with fabrication and field installation capabilities.
• Quanta Services, Inc. Large infrastructure and industrial services contractor with significant energy and industrial plant exposure — overlaps with Icon on structural steel and facility expansion work for power and processing customers.
• IES Holdings, Inc. Public provider of electrical and mechanical industrial services, including millwright-style installation and maintenance for industrial and commercial customers — competes for the same plant-level contracted scopes Icon services.
• EMCOR Group, Inc. Large publicly traded mechanical & electrical contractor serving industrial facilities nationwide; overlaps with Icon on equipment installation, fabrication, and plant maintenance work.
• Limbach Holdings, Inc. Mechanical contractor with strong industrial and commercial fabrication/installation capabilities — comparable general contracting and custom fabrication positioning.

Direct peers

• Fagen, Inc. Design-build industrial contractor heavily focused on grain, biofuels, and agricultural processing facilities; comparable Midwest industrial millwright, steel erection, and sheetmetal services.
• Hoffman & Associates / Hoffman Industrial: Regional industrial contractor performing millwright, mechanical, and structural work for industrial plants; overlaps with Icon's service mix and Midwest-style plant execution.
• Sterling Industrial LLC: Midwest-based industrial millwright and steel erection contractor; highly comparable on service scope, geography, and customer type.

Regional players

• Team Industrial Services (now part of KKR portfolio / INGENIOS): Specialty industrial services firm performing on-site machining, welding, and equipment maintenance at plants — comparable as a plant-shutdown and equipment-installation contractor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/iconindustrialcr
• LinkedInlinkedin.com/company/icon-industrial-services

Revenue estimate

Valuation estimate

Number of profiles

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 Icon Industrial Services