MACO Construction

What MACO Construction does

MACO Construction, Inc. is a privately-held, family-owned general contractor founded in 1963 by L.W. (Lew) Maddox and headquartered in Clarkton, Missouri. The company specializes exclusively in multifamily residential construction, with a focus on affordable, senior, and mixed-income housing financed through federal programs including Section 42 / Low Income Housing Tax Credit, HUD-insured mortgages, USDA-Rural Development loans, state-administered HOME programs, Federal Home Loan Bank financing, and CDBG monies. Service offerings span three lines: (i) new construction of apartment communities (e.g., 40-unit Silver Springs Apartments in Cape Girardeau, MO, completed 2016; 48-unit South Pointe Apartments in Poplar Bluff, MO), (ii) historic renovation using historical and LIHTC tax credits (anchored by the 2005 Park Hills school-to-senior-housing conversion that received the 2006 Honor Award from the Missouri Alliance for Historic Preservation), and (iii) green renovation certified under the National Green Building Certification Program (ICC 700), first deployed in 2013 in Louisiana.

The company holds contractor licenses in 11 states spanning the Midwest and South (Missouri, Kansas, Illinois, Kentucky, Indiana, Tennessee, Arkansas, Oklahoma, Louisiana, Mississippi, and Georgia) and since inception has served as general contractor on over 200 multifamily developments. Its operating model is centralized: experienced job superintendents coordinate field execution by drawing on a proprietary database of pre-qualified trade subcontractors (including minority and women-owned certified contractors) who mobilize to local job sites across MACO's licensed geographies. The firm explicitly cites differentiated expertise in Davis Bacon and Section 3 compliance reporting and claims a clean record of completing every contract within timelines set by the Internal Revenue Code or applicable State Housing Agency.

Revenue is earned on a project-by-project basis through competitive bidding in response to invitations from developers, housing agencies, lenders, and municipalities; pricing follows AIA G702/703 subcontractor bid formats with separate material and labor components. Go-to-market is sales-led and enterprise-field-sales in nature, with no traditional marketing or channel investment — business development runs through long-standing relationships with developers, architects, and state/federal housing finance counterparts. The Maddox family controls the company across three generations, with Jason Maddox appointed President in July 2014 in succession to Ken Maddox, alongside affiliated sister entities MACO Development and MACO Management under the MACO Companies umbrella. No external institutional capital, M&A activity, or public-market exposure is indicated in the source material.

Name

MACO Construction

Legal name

MACO Construction, Inc.

Website

https://construction.macocompanies.com

Company type

Private

Founded year

1963

Operating status

Operating

Short description

MACO Construction is a family-owned general contractor, founded in 1963 and headquartered in Clarkton, Missouri, specializing in multifamily affordable housing construction, historic renovation, and green renovation across 11 Midwest and Southern US states, serving housing developers and government agencies.

Ownership category

akta.pro rank

Product category

Multifamily Construction Contracting

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (23611), Residential Building Construction (2361)

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Senior Living & Assisted Living Facility Construction (IMAFACAJ)

Keywords

• Multifamily construction
• Affordable housing contracting
• General contracting services
• Historic renovation services
• Green building renovation

Headquarters

HQ city

Clarkton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting Services: MACO Construction generates revenue as a general contractor for multifamily housing developments. Revenue is project-based, earned through construction contracts for new construction, rehabilitation, and renovation projects. The company serves as the primary contractor managing all construction activities, subcontractors, and project delivery.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

MACO Construction is a general contractor that delivers multifamily residential construction services, including new construction of apartment communities, historic preservation renovations, and green-building-certified renovations. The company focuses on affordable, senior, and mixed-income housing projects financed through federal programs such as Section 42 LIHTC, HUD-insured mortgages, USDA-Rural Development loans, HOME program funds, Federal Home Loan Bank, and CDBG monies.

Product overview

MACO Construction is a general contractor specializing in multi-family residential development. The company's core offerings include new construction of apartment communities and renovation construction services (both historic and green/energy-efficient renovations). Projects span affordable housing, senior housing, and mixed-income communities financed through federal programs including Section 42/Low Income Housing Tax Credit, HUD-insured mortgages, USDA-Rural Development loans, HOME programs, Federal Home Loan Bank, and CDBG monies. The portfolio includes completed developments such as Silver Springs Apartments (40-unit senior community) and South Pointe Apartments (48-unit family community), as well as historic renovation projects like the conversion of a 1907 school building into senior housing.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Family Construction Services General contracting services for multifamily residential developments, including new construction, renovation, and historic preservation projects spanning affordable housing, senior housing, and mixed-income communities. Delivered to housing developers, government agencies, and municipalities across the Midwest and South.
• Green Renovation Services Green renovation services for multifamily apartment communities certified under the National Green Building Certification Program based on the National Green Building Standard ICC 700. Applied to renovation projects in Louisiana and Mississippi.
• Historic Renovation Services Historic renovation services for multifamily apartment communities using historical tax credits, federal and state low income housing tax credits, and HOME funds. Targeted at preserving historic structures while converting them to compliant affordable housing.

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Trade Subcontractors NetworkcoreOthersMACO maintains relationships with a wide variety of trade subcontractors and has built the experience and reputation to successfully attract their business. The company utilizes local tradesmen operating under experienced job superintendents, maintaining an ever-expanding database of contractors including those certified as minority or women-owned businesses.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• WinnDevelopment: Affordable and mixed-income multifamily developer with strong historic-rehabilitation and energy retrofit practice. Comparable in affordable housing customer overlap and historic tax credit execution, though developer-led rather than GC-led.
• Enterprise Community Partners: Mission-driven affordable housing developer that builds and finances LIHTC, HUD, and mixed-income multifamily. Comparable in the affordable housing value chain and customer base, though positioned primarily as developer/owner rather than general contractor — competes for similar project pipeline MACO bids.

Direct peers

• The NRP Group: National developer and general contractor focused exclusively on multifamily affordable and workforce housing, frequently executing LIHTC and HUD-financed projects. Most direct functional peer to MACO's affordable multifamily GC model, though at significantly larger scale and broader geography.
• Wohali Partners: Multifamily-focused developer/builder with deep affordable housing (LIHTC) and rural development exposure, operating across the Midwest and South. Comparable builder-developer overlap with MACO's rural and small-metro affordable housing focus.

Broad incumbents

• Walsh Construction: Family-owned (Walsh Group) national GC with significant Midwest presence, including multifamily and affordable housing work. Similar family-ownership ethos and Midwest base, but operates at materially larger scale with much broader sector mix.
• Brasfield & Gorrie: Employee-owned Southeast-headquartered GC with multifamily, senior living, and healthcare practices. Comparable in multifamily affordable housing execution and historic-renovation experience; operates at larger scale and broader geography than MACO.
• Clark Construction Group: Large diversified GC with multifamily and renovation practices, particularly active in Mid-Atlantic and Midwest. Overlap with MACO in multifamily and historic-renovation project delivery, though a much broader commercial portfolio.
• Pepper Construction: Midwest-rooted general contractor with multifamily, senior living, and education practices across multiple states. Comparable regional GC scale and geography to MACO, though diversified across commercial sectors rather than specialized in affordable housing.
• McCarthy Building Companies: Large national employee-owned GC with multifamily, senior living, and renovation practices; active in affordable housing across the Midwest and South. Comparable multifamily execution but with much larger average project size and broader segment coverage.
• Swinerton: Employee-owned national GC with established affordable and multifamily housing practice (Swinerton Builders), including LIHTC and HUD work. Most direct broad-incumbent comparison for affordable housing GC services across multiple states.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/maco-management-company

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 MACO Construction