What Olson Precast does

Olson Precast Company is a founder-owned heavy civil and infrastructure contractor headquartered in Las Vegas, Nevada, founded in 1989 by Mike "Oly" Olson. The company designs, manufactures, and installs precast concrete, polymer concrete, and cast-in-place concrete structures for municipal water and wastewater, commercial construction, industrial facilities, power generation, and hospitality projects across the Southwestern United States.

The company operates through five integrated divisions: the Las Vegas precast and cast-in-place division, Olson Polymer Company in Phoenix (polymer concrete systems), Olson Concrete Structures in Tucson, a Specialty Coatings division (SSPC QP-1 certified, the only such certification in Nevada), and Tri-State Steel Inc. (in-house steel fabrication). This vertical integration allows Olson to control key inputs — particularly reinforcing steel — and to bid on multi-discipline projects that require coordinated precast, coating, and structural steel scopes. The product portfolio spans underground utility structures, architectural precast, polymer concrete manholes and vaults, and protective industrial coatings.

The business model is project-based B2B contracting driven by competitive bidding on public and private infrastructure work. Revenue is generated through fixed-price construction contracts, with customers split across municipal/government, commercial developers, industrial operators, and utility/power generation clients. The company's primary moat is regulatory and scale: SSPC QP-1 certification, NPCA membership, in-house engineering, and a multi-state footprint (Nevada, Arizona, California) position it to pursue larger and more complex specifications than single-trade regional competitors.

Name

Olson Precast

Legal name

Olson Precast Company

Website

https://olsonprecastcompany.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

Olson Precast is a founder-owned, multi-division heavy civil contractor in the Southwest that designs, manufactures, and installs precast, polymer, and cast-in-place concrete for municipal, commercial, industrial, and power generation clients.

Ownership category

akta.pro rank

Product category

Precast Concrete Infrastructure Products

NAICS

Cement and Concrete Product Manufacturing (3273), Other Concrete Product Manufacturing (327390), Concrete Pipe, Brick, and Block Manufacturing (32733), Concrete Pipe Manufacturing (327332), Structural Steel and Precast Concrete Contractors (238120), Poured Concrete Foundation and Structure Contractors (23811)

SIC

Concrete Products, Except Block & Brick (3272), Concrete, Gypsum & Plaster Products (3270), Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Precast Concrete Products (IMADAAAB)

akta.pro secondary industries

Concrete Pipe, Box Culverts & Drainage Structures (IMADAAAD), Concrete Reinforcement Accessories & Fibers (IMADAAAF), Concrete Repair, Sealing & Waterproofing (Coatings/Membranes) (IMAIAKAK)

Keywords

• Precast concrete products
• Cast-in-place concrete
• Polymer concrete manufacturing
• Underground infrastructure construction
• Protective coatings services

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Precast Concrete Products: Manufacturing and sale of precast concrete products including manholes, wet wells, sanitary sewer structures, and railroad ties for storm drain, water, electrical, cable and telephone infrastructure projects.
2. Cast-in-Place Construction Services: On-site concrete construction services for bridges, tunnels, culverts, storm sewers, underpasses, vaults, and reservoirs. Services include engineering, design, construction and technical expertise.
3. Polymer Concrete Products: Precast polymer concrete manholes, wet wells, pipe, tunnel segments, railroad ties, and chemical containment systems. Premium durable alternative to traditional concrete with corrosion resistance properties.
4. Specialty Coatings and Rehabilitation Services: Painting, coating, lining services, concrete repair, manhole rehabilitation, surface preparation, and tank/pipe coating. Includes both materials and application labor as part of service delivery.
5. Steel Fabrication: Welding and metal fabrication services. All Olson precast and cast-in-place products are reinforced with high quality steel produced in house at Tri-State Steel.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Olson Precast Company manufactures and supplies precast concrete products (manholes, wet wells, sanitary sewer structures, railroad ties) for underground infrastructure, produces polymer concrete products for corrosion-resistant applications, and provides cast-in-place concrete construction services for bridges, tunnels, culverts, vaults, and reservoirs. The company also offers specialty coatings, linings, and rehabilitation services through its Specialty Coatings Division, and in-house steel reinforcement fabrication through Tri-State Steel Inc., serving municipal water/wastewater utilities, commercial developers, and industrial facilities across Nevada, Arizona, and Southern California.

Product overview

Olson Precast Company is a multi-division construction contractor specializing in precast and cast-in-place concrete products for underground infrastructure. The company operates five divisions: (1) Olson Precast Company - Las Vegas offering precast and cast-in-place concrete for storm drainage, water, and sewage; (2) Olson Polymer Company - Phoenix producing corrosion-resistant polymer precast for manholes, vaults, and chemical containment; (3) Olson Concrete Structures - Tucson providing design-build cast-in-place services for bridges, tunnels, culverts, and underpasses; (4) Specialty Coatings Division handling painting, coating, lining, and rehabilitation services; and (5) Tri-State Steel Inc. providing in-house steel fabrication and welding. This portfolio enables the company to deliver comprehensive underground construction solutions from manufacturing to installation and protective coatings.

Differentiator

Problem solved

Functional benefit

Products and services

• Olson Precast Company — Las Vegas Division (Precast and Cast-in-Place Concrete Products) Precast and cast-in-place concrete products for underground commercial infrastructure including wetwells, sanitary sewer structures (manholes, inverts, benches), wastewater treatment structures, chemical processing flooring/foundations/trenches, and railroad ties. Serves municipal water/wastewater utilities and commercial developers in Nevada.
• Olson Polymer Company — Phoenix (Polymer Precast Concrete Products) Durable, long-lasting, high-quality polymer precast concrete products including manholes, wet wells, pipe, tunnel segments, railroad ties, rail grade crossings, and chemical containment systems (trenches, sumps, and floors). Marketed as a permanent, corrosion-resistant alternative to traditional concrete for collection systems. Serves municipal water/wastewater utilities and industrial chemical processing applications.
• Olson Concrete Structures — Tucson (Cast-in-Place Concrete Construction Services) Design-build cast-in-place concrete construction services for bridges, tunnels, culverts, storm sewers, cut-and-cover tunnels, pedestrian/equestrian/wildlife underpasses, vaults, and reservoirs. Includes engineering, design, construction and technical expertise for structural and architectural concrete needs. Serves commercial and municipal customers.
• Specialty Coatings Division (Painting, Coating, and Lining Services) Painting, coating, lining, and industrial systems rehabilitation services including concrete repair, surface preparation, manhole rehabilitation, tank/pipe coating, and application of specialized protective coatings for sanitary sewer manholes, steel water tanks, concrete digesters, wet wells, and rehabilitation of potable water filters. SSPC QP-1 certified. Serves industrial facilities, power generation, water/wastewater utilities, and hospitality/casino properties.
• Tri-State Steel Inc. (Welding and Metal Fabrication Services)

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• The Society for Protective Coatings (SSPC)coreOthersSSPC QP-1 certification program provides third-party validation of protective coating contractor qualifications. Olson Specialty Coatings is the only entity in Nevada with QP-1 certification, enabling them to bid on and perform coating projects requiring this qualification.
• National Association of Corrosion Engineers (NACE)minorOthersIndustry affiliation providing technical standards and certifications for corrosion engineering and protective coating applications.
• Association for Materials Protection & Performance (AMPP)minorOthersIndustry association formed from merger of NACE and SSPC, providing standards and certifications for materials protection in industrial applications.
• National Precast Concrete Association (NPCA)coreOthersIndustry trade association membership providing access to industry standards, best practices, networking opportunities, and credibility as a precast concrete manufacturer.
• Williamson College of the TradesminorOthersEducational institution connection. Employee Dave Lundgren earned his college degree in Industrial Paint and Coatings Technology at Williamson College.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Tindall Corporation: Tindall Corporation is a privately held precast/prestressed concrete manufacturer producing structural and architectural precast components, utility structures, and underground infrastructure products. Directly comparable to Olson across precast manufacturing capabilities, customer segments (municipal, industrial, commercial), and multi-state regional footprint.
• Lindsay Precast: Lindsay Precast is a family-owned precast concrete manufacturer producing utility structures, manholes, vaults, and specialty precast products primarily for municipal and utility customers. Comparable to Olson in product mix, customer base, and privately held multi-state operating model.
• TMI Coatings: TMI Coatings is an industrial protective coatings contractor providing painting, lining, and surface preparation services for infrastructure, tanks, and industrial facilities. Comparable to Olson's Specialty Coatings Division in service offerings, SSPC certifications, and certified applicator relationships with major coating manufacturers.
• EnCon Corporation: EnCon Corporation is a specialty precast concrete manufacturer producing structural, architectural, and underground infrastructure products including bridges, tunnels, and utility structures. Closely comparable to Olson's cast-in-place and precast divisions in product offerings and engineering-driven project delivery.
• Jensen Precast: Jensen Precast is one of the largest independently owned precast concrete manufacturers in the US, producing manholes, vaults, utility structures, and specialty precast products. Directly comparable to Olson Precast in product mix (manholes, wet wells, sewer structures), customer base (municipal water/wastewater), and multi-region plant footprint, though at meaningfully larger scale.
• Armorcast Products: Armorcast Products manufactures polymer concrete manholes, vaults, and underground utility structures using composite materials. Directly comparable to Olson's Polymer Division in polymer concrete technology, corrosion-resistant product positioning, and municipal wastewater customer base.

Broad incumbents

• Oldcastle Infrastructure (CRH): Oldcastle Infrastructure is the largest US producer of concrete pipe, precast, and stormwater management products, part of CRH plc. Competes directly with Olson on municipal manholes, drainage structures, and specialty precast, but with substantially broader geographic reach, deeper product catalogs, and integrated materials sourcing advantages.
• Forterra: Forterra is a large publicly traded manufacturer of concrete pipe, precast products, and water infrastructure solutions serving municipal and commercial markets. Overlaps with Olson in concrete manholes, pipe, and underground infrastructure but operates at national scale with a much broader product portfolio and direct head-to-head competition on large municipal bids.

Regional players

• Concrete Pipe & Precast (CP&P): Concrete Pipe & Precast is a regional precast concrete producer serving Mid-Atlantic US markets with manholes, pipe, and underground infrastructure products. Comparable to Olson's product mix and customer base but operating in a different geography (East Coast vs. Southwest) and therefore not a direct bidder competitor.

Others

• Quadex (a Vortex Companies brand): Quadex is a manufacturer of geopolymer and cementitious products used in manhole and infrastructure rehabilitation—Olson Specialty Coatings is a certified applicator of Quadex products. They are a supplier/partner in Olson's coatings and rehabilitation workflow rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/olson-precast-co

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 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 Olson Precast