Gradex

Name

Gradex

Legal name

Gradex, Inc.

Website

https://gradexinc.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Heavy Civil Construction Services

NAICS

Heavy and Civil Engineering Construction (237), Highway, Street, and Bridge Construction (237310), Water and Sewer Line and Related Structures Construction (237110)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Mass Excavation & Bulk Earthmoving (Cut/Fill, Grading) (IMAFAKAC)

akta.pro secondary industries

Trenching & Utility Excavation (IMAFAKAD), Stormwater & Drainage Infrastructure Construction (Sewer, Detention, Outfalls) (IMAFAGAF), Landscape Grading, Drainage & Site Preparation (HSAIABAD)

Keywords

• Site development construction
• Mass excavation services
• Underground utility installation
• Heavy highway contracting
• Earthwork and grading

Headquarters

HQ city

Carmel

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Heavy Highway and Site Development Construction: Core revenue stream from providing site development, mass excavation, utility installation, and related heavy civil construction services to commercial, industrial, governmental, and residential customers in the Midwest.
2. Equipment Rental (Hydro-Excavation): Gradex hydro-excavation trucks are rented out on an hourly basis to external customers who need non-destructive excavation services.
3. Heavy Hauling Services: Gradex Transportation, Inc. provides heavy equipment transportation services up to 120,000 pounds within the continental United States.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Gradex is a family-owned heavy highway and site development contractor that performs earthwork, mass excavation, fine grading, and underground utility installation (storm, sanitary, and water main) for commercial, industrial, public infrastructure, mining, and residential projects. The company also operates a wholly-owned subsidiary, Gradex Transportation, Inc., that provides heavy equipment hauling up to 120,000 pounds, and rents hydro-excavation trucks on an hourly basis for non-destructive excavation.

Product overview

Gradex is a civil and heavy highway construction company offering a unified portfolio of construction services rather than a software product. The core offering is Site Development, which serves as an umbrella service combining all of Gradex's specialized construction capabilities. Supporting services include Mass Excavation, Storm Sewer Installation, Sanitary Sewer Installation, Water Main Installation, Aggregate and Coal Stripping, Roadway Preparation/Stone Subgrade Install/Fine Grading, Demolition, Forestry Clearing, Road Sawing, and Hydro-Excavation Services. The subsidiary Gradex Transportation, Inc. provides dedicated heavy hauling services. All services leverage GPS, UTS (Universal Total Stations), and laser technology for precision execution.

Differentiator

Problem solved

Functional benefit

Products and services

• Site Development Comprehensive site development services that bundle Gradex's construction capabilities from bidding and estimating through subcontractor management to final landscaping preparation, for project owners and developers.
• Mass Excavation Large-scale earthmoving operations led by experienced foremen with crews capable of moving, placing, and compacting up to 40,000 CYDs of earth per day using GPS and UTS-equipped equipment, for commercial, industrial, and infrastructure project owners.
• Storm Sewer Installation Installation of storm drainage systems ranging from 6-inch underdrain to 108-inch pipe, including box culverts up to 16'x9' and three-sided culverts up to 33'x13', using GPS and laser technology for precise grades, for municipalities and developers.
• Sanitary Sewer Installation Installation of sanitary sewer pipe systems with certified shoring and dewatering capabilities, including installations exceeding 35 feet in depth, for municipalities, developers, and general contractors.
• Water Main Installation Installation of water main systems using ductile iron, C-900, or DR-11 pipe, with comprehensive municipal coordination and as-built documentation, installing thousands of feet of water main each year for municipalities and developers.
• Aggregate and Coal Stripping Stripping and overburden removal services for local quarries, including transport of dirt, sand, or blasted rock, performed by MSHA and OSHA trained crews for aggregate and mining operators.
• Roadway Preparation / Stone Subgrade Install / Fine Grading Surface preparation services using Universal Total Stations (UTS), Global Positioning Systems (GPS), and lasers to achieve precise finish grades per plan specifications, for roadway and site preparation projects.
• Demolition of Existing Buildings/Structures Safe demolition of houses, barns, and small commercial buildings, including permit acquisition and utility disconnection, for property owners, developers, and general contractors.
• Forestry Clearing Tree and brush clearing operations using forestry equipment with operator cab protection, including stump removal and chipping, for site preparation prior to grading and excavation.
• Gradex Transportation Heavy Hauling Heavy equipment transportation services with a fleet of lowboy trailers capable of transporting loads up to 120,000 pounds throughout the continental United States, operated by Gradex Transportation, Inc. as a wholly-owned affiliate.
• Road Sawing Pavement cutting services using self-propelled diesel road saws with 48-inch blade capability to produce clean pavement joints, for roadway and infrastructure projects.
• Hydro-Excavation Services Non-destructive excavation using two state-of-the-art hydro-excavation trucks for safely locating and exposing underground utilities, available for rental on an hourly basis to contractors, municipalities, and utilities.

Quantifiable outcome

• 40,000 CYDs of earth per day capacity
• +5 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Gradex Transportation, Inc.coreOthersGradex Transportation, Inc. is an affiliate company of Gradex, Inc. that handles heavy hauling needs. They can transport any load up to 120,000 pounds with a fleet of lowboys throughout the continental United States. Drivers are knowledgeable in operating all types of construction equipment to safely load, secure, transport, and deliver equipment.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Tutor Perini Corporation: National heavy civil and specialty contractor with significant transportation, underground, and site-development operations across the U.S. Compares on heavy civil service mix but at a materially larger scale.
• Granite Construction Incorporated: Public national heavy civil contractor with extensive earthwork, utility, and transportation infrastructure operations. Compares on scope of services but operates at substantially larger scale than Gradex.
• Walsh Group / Walsh Construction: Family-owned national heavy civil and building contractor with significant Midwest footprint performing earthwork, highway, and underground utility work for DOT and private developers. Larger and more diversified than Gradex but overlapping on core scopes.

Direct peers

• Crider & Crider, Inc. Indianapolis-area site development and heavy civil contractor providing mass excavation, utility installation, and grading for commercial and public infrastructure clients. Operates in the same Midwest geography with overlapping services to Gradex.
• Shook Construction: Midwest (Ohio/Indiana/Kentucky) heavy civil and industrial contractor providing site development, excavation, and underground utility installation. Comparable on services and overlapping regional geography.
• Rieth-Riley Construction Co., Inc. Indiana/Michigan heavy civil contractor with excavation, underground utilities, and site development capabilities serving DOT and private clients. Directly comparable on geography, mix of services, and customer base.
• E&B Paving, Inc. Indiana heavy construction contractor providing site development, excavation, and paving services across the Midwest. Directly comparable on geography and adjacent earthwork/grading scopes.
• Milestone Contractors, L.P. Indianapolis-based heavy highway and site development contractor serving Indiana DOT, municipalities, and commercial developers. Directly comparable to Gradex in size, geography, and services (mass excavation, utility installation, paving prep).
• Brooks Construction Co., Inc. Indiana-based heavy highway, site development, and paving contractor active in Indianapolis-area commercial and public infrastructure projects. Directly competes for Midwest DOT and private site prep work.

Regional players

• Bowen Engineering Corporation: Indiana-headquartered heavy civil, industrial, and water/wastewater contractor providing underground utility, earthwork, and structural work across the Midwest. Comparable on utility installation and heavy civil scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 Gradex