Joseph B Fay Company

What Joseph B Fay Company does

Joseph B Fay Company operates as Fay, S&B USA Construction, a self-performing civil and industrial construction firm founded in 1947 and headquartered in Pittsburgh, Pennsylvania. It is a wholly-owned subsidiary of S&B USA, the U.S. operations of Shikun & Binui Ltd., the Israeli infrastructure and development parent with over a century of international experience. Within the S&B USA platform, Fay is the self-perform construction unit, complemented by S&B USA Construction (alternative delivery construction management) and S&B USA Concessions (P3 development and financing), enabling end-to-end infrastructure delivery from finance through long-term operations and maintenance.

The company delivers roadways, bridges, dams, ports, and industrial sites through alternative delivery methods including public-private partnerships (P3s), design-build, progressive design-build, and construction manager at-risk (CMAR). Active engagements include the PennDOT Major Bridge P3 Program via the Bridging Pennsylvania Developers consortium, the Fargo-Moorhead Stormwater Diversion Channel P3, the CSX Howard Street Tunnel Clearance progressive design-build in Baltimore, VDOT's I-64/I-464 interchange improvements in Chesapeake, the Beaver River Bridge Replacement, and the Long Bridge South rail and bicycle/pedestrian bridge between Arlington, VA and Washington, DC. The Skanska-Fay JV has been recognized with the 2026 AGC Top Innovation Award for a breakthrough gantry crane system, indicating investment in construction method innovation alongside a global partner.

Revenue is generated through project-based construction contracts awarded via competitive bidding by public agencies and private infrastructure owners, supplemented by long-tenor P3 concession revenue at the S&B USA Concessions level. The go-to-market is direct enterprise field sales targeting state DOTs (PennDOT, VDOT), municipal governments (Fargo, Moorhead), and private owners (CSX), with no intermediary channels. Pricing is contract-specific and not publicly disclosed. Headcount is reported in the 251-500 range, with no public revenue or backlog disclosure available in source materials.

Name

Joseph B Fay Company

Legal name

S&B USA

Website

https://jbfayco.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

251–500 employees

Short description

Joseph B Fay Company, operating as Fay, S&B USA Construction, is a self-performing civil and industrial construction firm serving public agencies and private infrastructure owners across the U.S. Mid-Atlantic and select national markets with P3, design-build, and alternative delivery infrastructure projects.

Ownership category

akta.pro rank

Headquarters

HQ city

Pittsburgh

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Others

Revenue model

1. Construction Contract Revenue: Revenue generated through construction contracts for infrastructure projects including roadways, bridges, dams, ports, and industrial sites. Projects are delivered through various delivery methods including P3s, design-build, progressive design-build, and CMAR. Revenue is project-based and typically one-time per contract.
2. P3 Concession Revenue: S&B USA Concessions develops and finances P3 megaprojects, generating revenue through long-term concessions involving transportation, water, and energy infrastructure. Includes financing, construction management, and long-term operations and maintenance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Joseph B Fay Company operates the self-performing construction arm of S&B USA, delivering heavy civil infrastructure — including roadways, bridges, dams, ports, and industrial sites — across Pennsylvania, Maryland, and Virginia. Work is executed through alternative delivery methods such as public-private partnerships (P3), design-build, progressive design-build, and construction manager at-risk (CMAR), supported by in-house crews for added schedule and quality control.

Product overview

S&B USA operates as a unified infrastructure solutions platform comprising three interconnected divisions. S&B USA Concessions serves as the infrastructure development and financial innovation arm specializing in public-private partnerships (P3s). S&B USA Construction provides expert construction management and alternative delivery solutions. Fay, S&B USA Construction is the self-performing construction unit with 75+ years of regional experience in Pennsylvania, Maryland, and Virginia. Together, these divisions enable end-to-end delivery of complex infrastructure projects from financing and development through construction and long-term operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Fay, S&B USA Construction Self-performing heavy civil construction unit with 75+ years of experience in Pennsylvania, Maryland, and Virginia, delivering roadways, bridges, dams, ports, and industrial infrastructure for public agencies and private owners. Direct crews provide added control, responsiveness, and reliability on complex infrastructure projects.
• S&B USA Construction High-performance infrastructure delivery through expert construction management, specializing in P3 and alternative delivery methods including design-build, progressive design-build, and CMAR. Self-performing teams in the Mid-Atlantic region support complex challenges with direct control over schedule and quality.
• S&B USA Concessions Premier infrastructure developer and financial innovator specializing in public-private partnerships (P3s) across North America. Develops and finances P3 megaprojects in transportation, water, and energy infrastructure, with a track record of securing financial close for three major P3 megaprojects in the U.S. under various concession schemes.

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• SkanskacoreStrategic or Co-development PartnerJoint venture partnership for infrastructure construction projects. The Skanska-Fay JV was formed to pursue complex infrastructure projects and has achieved recognition including the Top AGC Innovation Award for breakthrough gantry crane system. Represents a significant strategic alliance combining resources and capabilities for large-scale construction projects.
• Bridging Pennsylvania Developers (BPD)coreStrategic or Co-development PartnerBPD is a group formed as a response to the PennDOT Pathways Program to address the state's growing backlog of rehabilitation needs for major bridges. S&B USA is part of this consortium pursuing major P3 bridge projects in Pennsylvania.
• Shikun & Binui Ltd.coreOthersParent company of S&B USA with over 100 years of international infrastructure experience and leadership. Provides global insight, financial backing, and strategic direction. Shikun & Binui is the leading infrastructure and development company in Israel.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Granite Construction: Public heavy civil contractor with comparable focus on transportation infrastructure (highways, bridges, rail), alternative delivery (design-build, CMGC), and a similar geographic concentration in the U.S. with strong public agency relationships.
• Mortenson Construction: Employee-owned U.S. builder with comparable heavy civil infrastructure capabilities, strong public-private partnership experience, and a track record of megaprojects in transportation, water, and energy.
• Tutor Perini Corporation: Public heavy civil contractor with comparable focus on large-scale transportation infrastructure (bridges, highways, rail, tunnels) and significant involvement in P3 and design-build megaprojects.
• Walsh Group: Family-owned heavy civil and building contractor with strong transportation infrastructure portfolio. Comparable in self-performing heavy civil work, public agency relationships, and design-build project delivery.
• Flatiron Construction: Heavy civil contractor specializing in bridges, highways, rail, and water infrastructure across the U.S. Directly comparable project mix (transportation, water, P3/design-build) and alternative delivery expertise.
• Skanska USA: U.S. arm of Skanska AB, a global construction and development firm. Direct comparable as Fay's active JV partner on heavy civil infrastructure projects (Skanska-Fay JV) and competing for the same design-build, P3, and alternative delivery contracts across transportation and civil infrastructure.
• Lane Construction: Subsidiary of Webuild Group focused on heavy civil infrastructure including highways, bridges, tunnels, and rail. Highly comparable in self-performing transportation work, P3 involvement, and Mid-Atlantic/East Coast operating geography.
• Kiewit Corporation: One of North America's largest employee-owned heavy civil contractors. Comparable in self-performing transportation infrastructure (bridges, highways, rail), large project execution, and alternative delivery methods.

Broad incumbents

• Fluor Corporation: Large global engineering, procurement, fabrication, construction, and project management firm with heavy civil and infrastructure capabilities. Overlaps with Fay on large infrastructure pursuits but operates across a much broader portfolio (energy, mining, government services).
• AECOM: Global infrastructure consulting and construction management firm. Overlaps with S&B USA on transportation infrastructure design-build and P3 pursuits but offers a much broader professional services portfolio alongside its construction management practice.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Joseph B Fay Company