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Torcon

Full company profile

uuid000kjvn

Namestring
Torcon
Legal namestring
Torcon Inc.
Websiteurl
torcon.com
Company typeenum
Private
Founded yearint
1965
Descriptiontext

Torcon is a privately-held, family-owned construction management and general contracting firm founded in 1965 by Benedict Torcivia and now led by second- and third-generation executives, headquartered in Red Bank, NJ, with offices in Philadelphia and New York. The firm specializes in at-risk construction management and general contracting for complex, technically demanding projects ranging from $5 million to $600 million and above, with reported annual construction volume exceeding $500 million. Its core services are at-risk CM, general contracting, design/build, and preconstruction, supplemented by technology-enabled capabilities including a fully in-house Building Information Modeling (BIM) group, FARO Focus 3D and Matterport laser scanning, in-house MEP coordination, prefabrication, and a post-handover product (BIMf/Torcon Facilities Solutions) that integrates building models into ARCHIBUS-based facility management systems.

Torcon serves primarily the healthcare, higher education, biopharma/life science, science and technology, workplace, and selective commercial/government markets in the mid-Atlantic and Northeast, with select projects executed in the broader eastern US, Puerto Rico, and Canada. Its customer base includes RWJBarnabas Health, Cooper University Health Care, Valley Health System, Princeton University, Penn State, University of Pennsylvania, Bristol-Myers Squibb, Hoffmann-LaRoche, Federal Reserve Banks, FAA (LaGuardia tower), Brookhaven National Labs, and USAMRIID, among others. The firm operates with a sales-led, enterprise field sales model driven by repeat clients, referrals, formal prequalification, and joint-venture partnerships (e.g., Torcon/P. Agnes JV on Cooper Project Imagine; VRH Construction JV on JFK Terminals 8/9), projecting an image of safety leadership anchored by OSHA's 22 VPP Stars. Revenue is generated primarily through at-risk construction management fees, design/build, and general contracting margin on bid, negotiated projects, with pricing opaque (no publicly disclosed unit pricing).

Short descriptiontext

Torcon is a family-owned, privately-held construction management and general contracting firm founded in 1965, delivering at-risk CM, GC, design/build, and BIM-enabled services for complex healthcare, education, biopharma, federal, and commercial projects ranging from $5M to $600M+ across the Northeast U.S.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersRed Bank, United States
HQ citystring
Red Bank
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
construction management services, general contracting services, healthcare facility construction, biopharma construction services, BIM building information modeling
Industry1 code
1Commercial General Contracting (New Build)
CodeIMAFAAAAPrimaryYes
NAICS code1 code
  • Architectural, Engineering, and Related Services5413
SIC code1 code
  • General Bldg Contractors - Nonresidential Bldgs1540
Product category
Construction Management Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1At-Risk Construction Management
TypeProfessional Services
Description

Torcon provides at-risk construction management services where the company takes responsibility for delivering projects within a guaranteed maximum price, managing the entire construction process from preconstruction through project completion.

torcon.com
2General Contracting
TypeProfessional Services
Description

Traditional general contracting services for projects ranging from $5 million to $600 million and beyond.

torcon.com
3Design/Build Services
TypeProfessional Services
Description

Integrated design-build project delivery services.

torcon.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Torcon is a privately-held construction management and general contracting firm providing at-risk Construction Management (CM) and General Contracting (GC) services for projects ranging from $5 million to over $600 million. Core services include preconstruction planning, design/build, and full project delivery with in-house Building Information Modeling (BIM), laser scanning, MEP coordination, and prefabrication capabilities. The firm specializes in technically demanding facilities across healthcare, biopharma/life science, higher education, science & technology, commercial, and workplace sectors.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 22 VPP Stars - highest possible OSHA VPP rating
+5 more records
Product overview1 text field

Torcon is a construction management and general contracting firm offering a portfolio of services centered on at-risk construction delivery. The core offerings are Construction Management (CM) and General Contracting (GC) services, supplemented by technology-enabled BIM services including Building Information Modeling, laser scanning, MEP coordination, and prefabrication. The BIMf (BIM for Facilities) module extends the BIM process into ongoing facility management by integrating building data into FM systems. Additional services include design/build, preconstruction consulting, and modular construction. Projects range from $5 million to over $600 million across biopharma, healthcare, education, science & technology, commercial, and workplace sectors. The company operates from offices in Red Bank, NJ (headquarters), Philadelphia, PA, and serves clients throughout New Jersey, Pennsylvania, New York, and beyond.

Product and service7 records
1Construction Management (CM) Services
CategoryConstruction Management
2General Contracting (GC) Services
CategoryGeneral Contracting
3Design/Build Services
CategoryConstruction Management
4Preconstruction Services
CategoryConstruction Management
5BIM (Building Information Modeling) Services
CategoryTechnology-Enabled Construction Services
6Torcon Facilities Solutions (TFS) - BIMf
CategoryFacilities Management
7Laser Scanning Services
CategoryTechnology-Enabled Construction Services
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-28
Description

Joint Venture partnership for Cooper University Health Care's $3 billion 'Project Imagine' hospital expansion in Camden. The Torcon/P. Agnes Joint Venture was selected for preconstruction services and construction management for the initial 10-story tower spanning approximately 325,000 square feet.

Strategic tierMajorTypeStrategic or Co-development Partner
Description

Joint Venture partnership for American Airlines Terminals 8 and 9 expansion at JFK International Airport. The 1.5 million square foot project encompassed more than 1.5 million square feet of space creating 27 gates for large jets and 9 gates with covered jet bridges.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers30 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Torcon

Construction Management Servicestorcon.com

Torcon is a family-owned, privately-held construction management and general contracting firm founded in 1965, delivering at-risk CM, GC, design/build, and BIM-enabled services for complex healthcare, education, biopharma, federal, and commercial projects ranging from $5M to $600M+ across the Northeast U.S.

What Torcon does

Torcon is a privately-held, family-owned construction management and general contracting firm founded in 1965 by Benedict Torcivia and now led by second- and third-generation executives, headquartered in Red Bank, NJ, with offices in Philadelphia and New York. The firm specializes in at-risk construction management and general contracting for complex, technically demanding projects ranging from $5 million to $600 million and above, with reported annual construction volume exceeding $500 million. Its core services are at-risk CM, general contracting, design/build, and preconstruction, supplemented by technology-enabled capabilities including a fully in-house Building Information Modeling (BIM) group, FARO Focus 3D and Matterport laser scanning, in-house MEP coordination, prefabrication, and a post-handover product (BIMf/Torcon Facilities Solutions) that integrates building models into ARCHIBUS-based facility management systems.

Torcon serves primarily the healthcare, higher education, biopharma/life science, science and technology, workplace, and selective commercial/government markets in the mid-Atlantic and Northeast, with select projects executed in the broader eastern US, Puerto Rico, and Canada. Its customer base includes RWJBarnabas Health, Cooper University Health Care, Valley Health System, Princeton University, Penn State, University of Pennsylvania, Bristol-Myers Squibb, Hoffmann-LaRoche, Federal Reserve Banks, FAA (LaGuardia tower), Brookhaven National Labs, and USAMRIID, among others. The firm operates with a sales-led, enterprise field sales model driven by repeat clients, referrals, formal prequalification, and joint-venture partnerships (e.g., Torcon/P. Agnes JV on Cooper Project Imagine; VRH Construction JV on JFK Terminals 8/9), projecting an image of safety leadership anchored by OSHA's 22 VPP Stars. Revenue is generated primarily through at-risk construction management fees, design/build, and general contracting margin on bid, negotiated projects, with pricing opaque (no publicly disclosed unit pricing).

Torcon firmographics

Firmographics
Name
Torcon
Legal name
Torcon Inc.
Website
https://torcon.com
Company type
Private
Founded year
1965
Operating status
Operating
Headcount range
101–250 employees
Short description
Torcon is a family-owned, privately-held construction management and general contracting firm founded in 1965, delivering at-risk CM, GC, design/build, and BIM-enabled services for complex healthcare, education, biopharma, federal, and commercial projects ranging from $5M to $600M+ across the Northeast U.S.
Ownership category
akta.pro rank

Torcon industry classification

Industry
Product category
Construction Management Services
NAICS
Architectural, Engineering, and Related Services (5413)
SIC
General Bldg Contractors - Nonresidential Bldgs (1540)
akta.pro primary industry
Commercial General Contracting (New Build) (IMAFAAAA)

Keywords

  • Construction management services
  • General contracting services
  • Healthcare facility construction
  • Biopharma construction services
  • BIM building information modeling

Where Torcon is headquartered

Location

Headquarters

HQ city
Red Bank
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Torcon business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. At-Risk Construction Management: Torcon provides at-risk construction management services where the company takes responsibility for delivering projects within a guaranteed maximum price, managing the entire construction process from preconstruction through project completion.
  2. General Contracting: Traditional general contracting services for projects ranging from $5 million to $600 million and beyond.
  3. Design/Build Services: Integrated design-build project delivery services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Torcon product offering

Product offering

Core offering

Torcon is a privately-held construction management and general contracting firm providing at-risk Construction Management (CM) and General Contracting (GC) services for projects ranging from $5 million to over $600 million. Core services include preconstruction planning, design/build, and full project delivery with in-house Building Information Modeling (BIM), laser scanning, MEP coordination, and prefabrication capabilities. The firm specializes in technically demanding facilities across healthcare, biopharma/life science, higher education, science & technology, commercial, and workplace sectors.

Product overview

Torcon is a construction management and general contracting firm offering a portfolio of services centered on at-risk construction delivery. The core offerings are Construction Management (CM) and General Contracting (GC) services, supplemented by technology-enabled BIM services including Building Information Modeling, laser scanning, MEP coordination, and prefabrication. The BIMf (BIM for Facilities) module extends the BIM process into ongoing facility management by integrating building data into FM systems. Additional services include design/build, preconstruction consulting, and modular construction. Projects range from $5 million to over $600 million across biopharma, healthcare, education, science & technology, commercial, and workplace sectors. The company operates from offices in Red Bank, NJ (headquarters), Philadelphia, PA, and serves clients throughout New Jersey, Pennsylvania, New York, and beyond.

Differentiator

Problem solved

Functional benefit

Products and services

  • Construction Management (CM) Services
  • General Contracting (GC) Services
  • Design/Build Services
  • Preconstruction Services
  • BIM (Building Information Modeling) Services
  • Torcon Facilities Solutions (TFS) - BIMf
  • Laser Scanning Services

Quantifiable outcome

  • 22 VPP Stars - highest possible OSHA VPP rating
  • +5 more outcomes

Companies that use Torcon

Customer profile

Named customers30 records

Segments6 records

Ideal customer profiles4 records

Torcon technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Torcon partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core and major.

  • P. AgnescoreStrategic or Co-development Partner · 28 January 2025Joint Venture partnership for Cooper University Health Care's $3 billion 'Project Imagine' hospital expansion in Camden. The Torcon/P. Agnes Joint Venture was selected for preconstruction services and construction management for the initial 10-story tower spanning approximately 325,000 square feet.
  • VRH ConstructionmajorStrategic or Co-development PartnerJoint Venture partnership for American Airlines Terminals 8 and 9 expansion at JFK International Airport. The 1.5 million square foot project encompassed more than 1.5 million square feet of space creating 27 gates for large jets and 9 gates with covered jet bridges.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Torcon competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Torcon social profiles

Digital presence

Torcon financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Torcon leadership team

Management profile

Number of profiles

Profiles3 records

Torcon funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Torcon M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Torcon

What does Torcon do?

Torcon is a privately-held construction management and general contracting firm providing at-risk Construction Management (CM) and General Contracting (GC) services for projects ranging from $5 million to over $600 million. Core services include preconstruction planning, design/build, and full project delivery with in-house Building Information Modeling (BIM), laser scanning, MEP coordination, and prefabrication capabilities. The firm specializes in technically demanding facilities across healthcare, biopharma/life science, higher education, science & technology, commercial, and workplace sectors.

Is Torcon a public or private company?

Torcon is a private company. It is classified as family owned and is currently operating.

When was Torcon founded?

Torcon was founded in 1965. It employs 101 to 250 people.

Where is Torcon based?

Torcon is headquartered in Red Bank, United States, in the North America region.

How does Torcon make money?

Three revenue lines are on record. At-Risk Construction Management is the primary driver. The others are general Contracting and design/Build Services.

Does Torcon have an API?

No public API is recorded for Torcon.

What industry is Torcon in?

Torcon's product category is Construction Management Services. Its primary akta.pro industry code is IMAFAAAA, Commercial General Contracting (New Build). Its NAICS code is 5413 and its SIC code is 1540.

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