Gray & Son

Name

Gray & Son

Legal name

Gray & Son, Inc.

Website

https://graynson.com

Company type

Private

Founded year

1908

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Civil Construction Services

NAICS

Heavy and Civil Engineering Construction (237), Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412), Water and Sewer Line and Related Structures Construction (237110)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Asphalt Paving & Roofing Materials (2950), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Asphalt & Pavement Removal / Milling (IMAFAKAM)

akta.pro secondary industry

Asphalt Mixing & Paving Materials (Hot/Warm/Cold Mix, RAP/RAS Blends) (EUALAKAG)

Keywords

• Asphalt paving
• Site development
• Concrete construction
• Excavation services
• Utility installation

Headquarters

HQ city

Lutherville Timonium

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Civil Construction Services: Project-based revenue from site development, excavation, grading, utility installation, concrete work, and asphalt paving services for public, commercial, and residential projects. Revenue earned through fixed-price contracts, time-and-materials work, and subcontracting arrangements with general contractors.
2. Asphalt Products Sales: Sale of asphalt materials from five plants in the greater Baltimore area. Products include asphalt pavement, custom cold patch, recycled asphalt products, porous pavements, and warm mix asphalt. Custom mixing available to customer specifications.
3. Snow Removal Services: Commercial snow removal services including bulk salt application, commercial snow clearing, equipment rental, and pre-treatment of state roads for Maryland State Highway Administration.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Gray & Son is a civil construction contractor that self-performs site development, asphalt paving, concrete, excavation, underground utilities, sediment control and stormwater management, soil stabilization, and snow removal for commercial, residential, and government clients. The company also produces and sells asphalt materials from five SHA-approved plants located across Maryland.

Product overview

Gray & Son is a family-owned construction contractor providing a comprehensive suite of civil construction services. The company operates five Maryland-based asphalt production plants and offers integrated services including asphalt paving, concrete construction, site excavation, sediment control and stormwater management, soil stabilization, snow removal, and underground utilities. The company delivers projects as full-package civil contracts combining multiple service lines—utilities, grading, concrete, and paving—serving commercial, residential, and public sector clients in the greater Baltimore region.

Differentiator

Problem solved

Functional benefit

Products and services

• Asphalt Paving

Quantifiable outcome

• Over 115 years of continuous family-owned business operations in the Mid-Atlantic region

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Allegeant Employee Benefit SolutionsminorOthersWellness program partner providing resources designed to incentivize good health and preventative care for Gray & Son employees. Allegeant helps the company support the physical and emotional wellness of their workforce.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Lane Construction Corporation: Heavy civil contractor (asphalt production, earthwork, paving, infrastructure) with East Coast operations. Comparable as a large incumbent that competes with regional site contractors for Maryland/Mid-Atlantic infrastructure work.
• The Whiting-Turner Contracting Company: Large mid-Atlantic general contractor for whom Gray & Son acts as a subcontractor. While broader in scope (building construction, design-build, CM-at-risk) than Gray & Son, it represents the same pool of owner-developer relationships and the same Maryland bid environment, and is therefore a relevant incumbent comparable in the region.
• Tilcon New York (CRH plc subsidiary): CRH-owned regional aggregates, asphalt and construction services business. Gray & Son's CFO (Kieran Cronin) is a former Tilcon CFO, indicating deep familiarity. CRH's aggregate-and-paving model offers a public-comparable scale benchmark for the materials-plus-paving vertical integration Gray & Son operates.
• Tutor Perini Corporation: Publicly traded large diversified civil and building contractor with civil infrastructure, site development and heavy highway exposure. While far larger and more geographically dispersed, it serves as an incumbent comparable for how vertically integrated civil contractors scale Maryland projects.

Direct peers

• J. Fletcher Creamer & Son, Inc. Mid-Atlantic heavy civil contractor executing site development, underground utilities, paving and infrastructure projects across NJ and MD. Directly comparable in scope of civil contracting services and customer type (developers, GCs, public agencies) in the same geography.
• Cherry Hill Construction, Inc. Mid-Atlantic and NJ-based site contractor performing earthwork, utilities, concrete and asphalt paving. Overlaps with Gray & Son on grading/site prep utilities and HMA production capabilities in a comparable regional geography.
• Allan Myers Inc. Large mid-Atlantic heavy civil and site development contractor offering grading, excavation, utility installation, asphalt paving and materials production. Directly comparable in service mix and Mid-Atlantic geography, and among the largest direct competitors to Gray & Son's site development contracts in greater Baltimore.
• John W. Danforth Company: Upstate NY and Mid-Atlantic mechanical, civil and site development contractor offering site work, utilities and paving services. Comparable in scale, service breadth and family/private ownership profile to Gray & Son in the regional civil contracting space.
• Stavola Companies: NJ-based heavy construction and asphalt materials producer providing site development, paving, and aggregates in the greater Northeast/Mid-Atlantic. Comparable vertically integrated model of site contracting plus materials production.
• R.E. Pierson Construction Co. Mid-Atlantic heavy civil contractor performing grading, utility, paving and site development work for public and private clients. Comparable service mix and Mid-Atlantic bid environment, with overlapping customer profiles in real estate development and public works.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/grayandson
• Instagraminstagram.com/grayandson
• LinkedInlinkedin.com/company/gray-and-son

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

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 Gray & Son