What Reynolds Construction does

Reynolds Construction, LLC (legal name Reynolds Construction, LLC) is an employee-owned water and wastewater infrastructure construction firm headquartered in Orleans, Indiana. The company serves municipalities, government agencies, regulated and investor-owned water utilities (e.g., American Water, Denver Water, Aqua Pennsylvania), and private industrial/energy clients. Its scope spans a portfolio of 13 construction capabilities — collector wells, intakes and outfalls, lead service line replacement, lift stations, marine construction, PFAS removal, pipelines, pump stations, RNG facilities, sewer mains, STEP projects, tunnels, and treatment plants — delivered through nine service methods including CMAR/CMGC, Design-Build, EPC, Build-Operate-Transfer (BOT), Performance Contracting, Pre-Construction, Construction, Commissioning, and Self-Performance. A distinguishing operational feature is self-performance of 65–85% of project scope, covering site work, concrete, above/below-grade piping, equipment installation, tunnels and shafts, cofferdams/sheeting, and caissons.

The business model is project-based contracting revenue earned through competitive bidding and negotiated collaborative-delivery contracts, with individual project values ranging from under $1 million to over $100 million. Go-to-market is direct enterprise/field sales into public and utility buyers; no intermediary distribution is used and pricing is custom-quoted per project with no publicly disclosed tiers. Revenue is recognized over multi-year contracts. Over roughly 30 years, Reynolds and its operating groups report constructing more than 280 treatment plants, installing more than 20.3 million feet of pipeline, and contracting more than $1.42 billion in collaborative-delivery work.

The company traces its heritage to 1937 (John Reynolds & Sons), was incorporated in Indiana in 1965, became Reynolds, Inc. in 1987, merged with Layne Christensen Company in 2005, and operated as Layne Heavy Civil, Inc. from 2012. On May 1, 2017, management repurchased the assets and re-established the firm as an employee-owned (ESOP) entity. It employs approximately 370 people across divisions (Midwest, Southeast, Rocky Mountain) and offices in Indiana, Pennsylvania, Tennessee, Georgia, Florida, and Colorado. The Midwest Division generates historic annual revenues of nearly $100 million, and the Midwest Plant/Facilities group manages volume near $50 million; no consolidated company-wide revenue figure is disclosed.

Name

Reynolds Construction

Legal name

Reynolds Construction, LLC

Website

https://reynoldscon.com

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

251–500 employees

Short description

Employee-owned water and wastewater infrastructure construction firm serving municipalities, water utilities, and private industrial clients across the U.S. Midwest, Southeast, and Rocky Mountain regions, delivering treatment plants, pipelines, collector wells, tunnels, PFAS removal, and RNG facilities.

Ownership category

akta.pro rank

Product category

Water and Wastewater Infrastructure Construction

NAICS

Water and Sewer Line and Related Structures Construction (23711), Water and Sewer Line and Related Structures Construction (237110), Heavy and Civil Engineering Construction (237), Utility System Construction (2371)

SIC

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

akta.pro primary industry

Water Treatment Plant Construction (Drinking Water) (IMAFAGAA)

akta.pro secondary industries

Water & Wastewater Pipeline Construction (Mains, Force Mains, Interceptors) (IMAFAGAC), Storage & Conveyance Structures (Reservoirs, Tanks, Culverts, Tunnels) (IMAFAGAE), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Water infrastructure construction
• Wastewater treatment facilities
• Pipeline construction services
• Municipal utility contracting
• Design-build construction

Headquarters

HQ city

Orleans

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction Services: Project-based construction revenue from water and wastewater infrastructure projects including treatment plants, pipelines, collector wells, pump stations, tunnels, and marine construction. Revenue is generated through competitive bidding and negotiated contracts with municipalities, government agencies, and private clients. Projects range from $0.5 million to over $100 million.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Reynolds Construction provides heavy-civil construction services for water and wastewater infrastructure, including treatment plants, pipelines, collector wells, intakes/outfalls, pump and lift stations, tunnels, marine and subaqueous installations, sewer mains, and renewable natural gas (RNG) facilities. The firm self-performs 65–85% of project work and delivers projects through collaborative methods such as Design-Build, CMAR/CMGC, EPC, and Build-Operate-Transfer to municipalities, investor-owned water utilities, government agencies, and private industrial clients.

Product overview

Reynolds Construction is an employee-owned water and wastewater infrastructure construction company that provides a comprehensive portfolio of 13 construction capabilities and 9 service delivery methods. The core capabilities include Collector Wells, Intakes & Outfalls, Lead Service Line Replacement, Lift Stations, Marine, PFAS Removal, Pipelines, Pump Stations, RNG Facilities, Sewer Mains, STEP Projects, Tunnels, and Treatment Plants. These are delivered through service offerings including CMAR/CMGC, Design-Build, EPC, Build-Operate-Transfer (BOT), Performance Contracting, Pre-Construction, Construction, Commissioning, and Self-Performance. The company self-performs 65-85% of projects and typically operates in the Midwest United States serving municipalities, government agencies, and private clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Collector Wells Construction services for building collector wells that provide efficient and sustainable water supply solutions, including vertical intake systems that maximize water yield while minimizing environmental impact.
• Intakes & Outfalls Specialized services for intake and outfall structures ensuring efficient water flow management for diverse applications, meeting stringent environmental and operational standards.
• Lead Service Line Replacement Services for replacing outdated lead service lines with modern, lead-free materials that meet regulatory standards and protect public health.
• Lift Stations Construction of lift stations designed to handle the demands of moving wastewater efficiently across varying elevations and terrains.
• Marine Construction Specialized marine construction services including subaqueous pipeline installation and intake structures for challenging water environments.
• PFAS Removal Construction PFAS removal services using advanced treatment technologies that effectively capture and eliminate PFAS from water sources, ensuring compliance with environmental standards.
• Pipelines Pipeline construction services for large-diameter water mains and complex wastewater systems, built to meet strict safety and environmental standards.
• Pump Stations Design and construction of pump stations ensuring consistent, reliable flow for water and wastewater systems, prioritizing efficiency and long-term durability.
• RNG Facilities Design and construction of Renewable Natural Gas facilities that transform waste into sustainable energy, supporting emissions reduction and environmental goals.
• Sewer Mains Sewer main installation services ensuring safe, efficient, and durable systems built with strict adherence to environmental and regulatory standards.
• STEP Projects (Septic Tank Effluent Pumping) Septic Tank Effluent Pumping projects providing effective wastewater solutions for communities with decentralized systems.
• Tunnels Expert tunneling services for complex underground projects requiring precision and advanced engineering, ensuring safe construction meeting structural and environmental standards.
• Treatment Plants Design and construction of water and wastewater treatment plants ensuring efficient and sustainable operation with regulatory compliance.
• CMAR / CMGC Delivery Construction Manager at Risk and Construction Manager/General Contractor delivery methods providing risk management, early issue resolution, and transparent communication.
• Design-Build Delivery Design-Build delivery approach bringing design and construction together under one unified process for streamlined project delivery.
• EPC (Engineer-Procure-Construct) Comprehensive end-to-end project delivery managing engineering, procurement, and construction under one roof.
• Build-Operate-Transfer (BOT) BOT project delivery where Reynolds handles design, construction, and initial operation before transferring ownership.
• Performance Contracting

Quantifiable outcome

• 280+ treatment plants constructed over 30 years
• +4 more outcomes

Named customers11 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

One partnership is on record.

• Indiana American WatercoreStrategic or Co-development Partner · 7 April 2026Reynolds Construction was selected as the contractor for Indiana American Water's $19 million PFAS treatment facility project in Terre Haute, Indiana. The project will use granular activated carbon treatment technology with groundbreaking expected summer 2026 and completion targeted for mid-2028. Reynolds will deploy 30-65 workers during peak construction phases.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Garney Construction: Garney is a 100% employee-owned water and wastewater infrastructure contractor with similar self-perform capabilities in pipelines, treatment plants, and pump stations. It is the most direct privately-held peer to Reynolds in scope, delivery methods, and customer base of municipalities and utilities.
• MWH Constructors (Stantec): MWH Constructors, now part of Stantec, is a leading water and wastewater EPC contractor executing treatment plants, pump stations, and conveyance projects for municipal clients. Directly comparable in core capabilities and Design-Build/CMAR delivery expertise.
• Western Summit Constructors: Western Summit is a water/wastewater specialty contractor focused on treatment plants and pipelines, primarily serving municipalities in the Western US. Closely comparable niche player with similar alternative-delivery track record.
• J. Fletcher Creamer & Son: Creamer is a privately-held heavy civil contractor specializing in water main, sewer, and underground utility construction with significant self-performance. Comparable in scope, customer type, and self-perform intensity.

Broad incumbents

• Black & Veatch: Black & Veatch is a major global EPC firm with a sizable water construction practice delivering treatment plants and large conveyance projects. Overlaps with Reynolds on Design-Build water/wastewater projects but operates at much larger scale and also offers engineering/design services.
• Sundt Construction: Sundt is a large employee-owned general contractor with a heavy civil water/wastewater practice alongside transportation, industrial, and building work. Comparable in employee ownership and CMAR/Design-Build delivery, though broader in scope.
• HDR Inc. HDR is a major water-focused engineering and program management firm that executes construction via alternative delivery. Competes with Reynolds on Design-Build pursuits for municipal water utilities.
• Kiewit Corporation: Kiewit is one of North America's largest heavy civil contractors with extensive water/wastewater and tunneling work. Competes with Reynolds on large-scale treatment plant and tunnel programs and has greater bonding capacity.
• PCL Construction: PCL is a large employee-owned general contractor with water infrastructure and civil works as one of several major verticals. Comparable in employee-owned structure and CMAR/Design-Build capability, though far larger and more diversified.

Emerging players

• Myrmo Construction: Myrmo is a Midwest-focused specialty water/wastewater and tunneling contractor. Geographically and capability-overlapping regional player, smaller in scale than Reynolds.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/llc_reynolds

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

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 Reynolds Construction