Jacobsen Construction
Jacobsen Construction is a privately held, employee-owned (ESOP) general contractor founded in 1922 and headquartered in Salt Lake City, Utah, specializing in healthcare, medical research, and institutional facility construction across the regional Utah market.
- Company typePrivate
- Founded1922
- HeadquartersSalt Lake City, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Jacobsen Construction does
Jacobsen Construction is a privately held, employee-owned (ESOP) general contractor founded in 1922 and headquartered in Salt Lake City, Utah. The firm provides commercial and institutional building construction services, executing projects as the general contractor and managing full-scope delivery including structural steel and concrete work, specialty interior fit-outs, and complex facility builds. Headcount of 501–1,000 employees and a Utah-only operating footprint define its regional mid-market positioning.
The company's documented specialization is in healthcare and medical research facility construction, evidenced by the 2025 completion of the James LeVoy Sorenson Center for Medical Innovation — a $50-million, approximately 60,000-square-foot medical research and innovation facility built for University of Utah Health, requiring 347 tons of steel and 2,258 cubic yards of concrete. Differentiated capability areas include clean rooms, surgical training laboratories, device development centers, and startup incubator spaces. Jacobsen is also an active contractor in the Military Installation Development Authority's (MIDA) Military Recreation Project Area in Utah, indicating capability and intent in institutional government work beyond healthcare.
Jacobsen's revenue model is project-based and bid-driven. Pricing is not publicly disclosed and is determined per project through competitive bidding, particularly for large institutional engagements with healthcare systems, foundations, and government authorities. Customer engagement flows through a public-facing website (jacobsenconstruction.com) used for general contact and a dedicated bidding portal, with no disclosed subscription, SaaS, or recurring revenue component — the business is fundamentally a service-delivery general contracting operation.
Jacobsen Construction firmographics
Firmographics- Name
- Jacobsen Construction
- Legal name
- Jacobsen Construction
- Website
- https://jacobsenconstruction.com
- Company type
- Private
- Founded year
- 1922
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Jacobsen Construction is a privately held, employee-owned (ESOP) general contractor founded in 1922 and headquartered in Salt Lake City, Utah, specializing in healthcare, medical research, and institutional facility construction across the regional Utah market.
- Ownership category
- akta.pro rank
Jacobsen Construction industry classification
Industry- Product category
- Commercial Construction Services
- NAICS
- Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362)
- SIC
- General Bldg Contractors - Nonresidential Bldgs (1540)
- akta.pro primary industry
- Commercial General Contracting (New Build) (IMAFAAAA)
- akta.pro secondary industries
- Healthcare Facility Construction (Hospitals, Clinics, Labs) (IMAFACAD), Office & Corporate Building Construction (IMAFACAA), Public Works General Contracting (IMAFAAAG)
Keywords
Where Jacobsen Construction is headquartered
LocationHeadquarters
- HQ city
- Salt Lake City
- HQ country
- United States
- HQ region
- North America
Markets served
Jacobsen Construction business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure
Distribution channels1 record
Marketing channels2 records
Jacobsen Construction product offering
Product offeringCore offering
Jacobsen Construction is a general contractor providing commercial and institutional building services. The company undertakes construction projects as the prime contractor, including large-scale healthcare and research facility builds such as the James LeVoy Sorenson Center for Medical Innovation ($50 million, ~60,000 sq ft) for University of Utah Health. Its service offering consists of construction project management and execution rather than any discrete software or technology product.
Product overview
Jacobsen Construction is a general construction contractor providing commercial and institutional building services. The company undertakes construction projects as general contractor, including large-scale healthcare and research facility builds such as the James LeVoy Sorenson Center for Medical Innovation. The company does not appear to offer a discrete software product, platform, or module; its service offering consists of construction project management and execution rather than a technology product portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- General Construction Contracting End-to-end general contracting services for commercial and institutional building projects, including project management, procurement, and on-site execution. Customers are institutional buyers such as healthcare systems, universities, and government entities.
- Healthcare and Medical Research Facility Construction Specialized construction of healthcare and medical research facilities including clean rooms, surgical training labs, device development centers, and life-science startup incubator spaces, for healthcare systems and medical research organizations.
- Government and Military-Installation Construction General contracting for government and military-installation related construction projects in Utah, including work delivered under the Military Installation Development Authority (MIDA) Military Recreation Project Area.
Companies that use Jacobsen Construction
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles2 records
Jacobsen Construction technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Jacobsen Construction partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights3 records
Jacobsen Construction competitors and assessment
Company assessmentBroad incumbents
- McCarthy Building Companies: National employee-owned general contractor with one of the largest healthcare construction portfolios in the US. A useful comparison point for Jacobsen's healthcare specialization at a much larger scale.
- Hensel Phelps: Large US general contractor with deep healthcare, aviation, and government construction practices. Comparable to Jacobsen in its institutional client mix and complex project delivery, but operates nationally.
- Turner Construction Company: One of the largest US general contractors, with significant healthcare, higher education, and public-sector work. Serves as a reference point for the upper end of institutional GC scale relative to Jacobsen.
- DPR Construction: National employee-owned general contractor with strong healthcare and life-sciences practices, including complex research facilities. Directly comparable to Jacobsen's medical research build capabilities, but at national scale.
Direct peers
- Okland Construction: Utah-headquartered general contractor with a long track record delivering commercial, healthcare, and institutional projects in the Mountain West. Direct overlap with Jacobsen on geography, vertical mix, and project scale.
- Big-D Construction: Salt Lake City-based employee-owned general contractor serving commercial, healthcare, and institutional clients across the Intermountain West. Directly comparable to Jacobsen in size, ownership structure (ESOP), and project types.
- Wadman Corporation: Ogden, Utah-based general contractor focused on commercial, healthcare, and government projects in the Mountain West. Competes head-to-head with Jacobsen for institutional work in Utah.
Others
Regional players
- Sundt Construction: Employee-owned general contractor headquartered in the Southwest US delivering healthcare, higher education, and government projects. Comparable in ownership structure (ESOP) and project mix, though concentrated in Arizona/Texas rather than Utah.
- Granite Construction: Heavy civil and infrastructure contractor active in the western US, including Utah public works. Comparable to Jacobsen's MIDA/government work but focused on civil infrastructure rather than vertical buildings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Jacobsen Construction social profiles
Digital presenceJacobsen Construction financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jacobsen Construction leadership team
Management profileNumber of profiles
Profiles1 record
Jacobsen Construction funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jacobsen Construction M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Jacobsen Construction
What does Jacobsen Construction do?
Jacobsen Construction is a general contractor providing commercial and institutional building services. The company undertakes construction projects as the prime contractor, including large-scale healthcare and research facility builds such as the James LeVoy Sorenson Center for Medical Innovation ($50 million, ~60,000 sq ft) for University of Utah Health. Its service offering consists of construction project management and execution rather than any discrete software or technology product.
Is Jacobsen Construction a public or private company?
Jacobsen Construction is a private company. It is classified as management employee owned and is currently operating.
When was Jacobsen Construction founded?
Jacobsen Construction was founded in 1922. It employs 501 to 1,000 people.
Where is Jacobsen Construction based?
Jacobsen Construction is headquartered in Salt Lake City, United States, in the North America region.
Who are Jacobsen Construction's main competitors?
Broad incumbents on record are McCarthy Building Companies, Hensel Phelps, Turner Construction Company and DPR Construction. Direct peers are Okland Construction, Big-D Construction and Wadman Corporation. Jacobs (Jacobs Engineering) is listed as an others. Regional players are Sundt Construction and Granite Construction.
Does Jacobsen Construction have an API?
No public API is recorded for Jacobsen Construction.
What industry is Jacobsen Construction in?
Jacobsen Construction's product category is Commercial Construction Services. Its primary akta.pro industry code is IMAFAAAA, Commercial General Contracting (New Build), with a secondary code of IMAFACAD, Healthcare Facility Construction (Hospitals, Clinics, Labs). Its NAICS code is 23622 and its SIC code is 1540.