Trax Construction, Inc.
- Company typePrivate
- Founded1994
- HeadquartersColorado Springs, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Trax Construction, Inc. firmographics
Firmographics- Name
- Trax Construction, Inc.
- Legal name
- Trax Construction, Inc.
- Website
- https://traxconstruction.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Trax Construction, Inc. industry classification
Industry- Product category
- Construction Services
- NAICS
- Site Preparation Contractors (23891), Poured Concrete Foundation and Structure Contractors (23811)
- SIC
- Construction - Special Trade Contractors (1700), Heavy Construction Other Than Bldg Const - Contractors (1600)
- akta.pro primary industry
- Concrete Cutting, Coring & Sawing (IMAFAKAL)
- akta.pro secondary industries
- Roadbuilding & Paving Equipment Rental/Leasing (TLABAFAB), Work Zone Traffic Control Device Supply & Rental (Cones, Drums, Barricades, Delineators) (TLAJALAB), Flagging & On-Site Traffic Control Labor Services (Flaggers, Spotters, Lane Closures) (TLAJALAG)
Keywords
Where Trax Construction, Inc. is headquartered
LocationHeadquarters
- HQ city
- Colorado Springs
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Trax Construction, Inc. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- Asphalt Paving Services: Project-based asphalt paving services including new construction paving, overlays, milling, patching, saw cutting, traffic control, crack fill, seal coat, and pot hole repair for commercial, government, and residential customers.
- Concrete Flatwork Services: Concrete services including curb and gutters, sidewalks, handicap ramps, pedestrian ramps, driveways, and decorative concrete for residential, commercial, and government customers.
- Landscaping Design and Installation: Creative design/build landscaping services including water features, xeriscaping, paver patios, retaining walls, sod, plantings, irrigation systems, and erosion control for the Pikes Peak high desert region.
- Site Work Services: Site work and earthmoving services using skilled equipment operators for proposed building projects.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Trax Construction, Inc. product offering
Product offeringCore offering
Trax Construction, Inc. is a Colorado Springs-based construction services company providing asphalt paving, concrete flatwork, landscape design and installation, road milling, saw cutting, traffic control, and site preparation services. The company operates four core service divisions (Asphalt, Concrete, Landscape, Site Work) along with specialized sub-divisions for milling, saw cutting, and traffic control. Their service area spans Colorado, Wyoming, and New Mexico, with primary operations concentrated in the Colorado Springs region.
Product overview
Trax Construction operates as a full-service construction company with four core divisions: Asphalt Paving, Concrete, Landscape, and Site Work. The Asphalt Division includes specialized sub-services for milling, saw cutting, and traffic control. The company was founded in March 1994 in Colorado Springs, initially focusing on asphalt patch paving services for Colorado Springs Utilities before expanding into surrounding municipalities. The Landscape Division has developed a creative design/build format specifically suited for the high desert ecosystem of the Pikes Peak region.
Differentiator
Problem solved
Functional benefit
Products and services
- Asphalt Paving Division Full-service asphalt paving offering new construction, overlays, milling, patching, saw cutting, traffic control, crack fill, seal coat, and pot hole repair services for commercial, government, and residential customers.
- Concrete Division Concrete flatwork services including curb and gutters, sidewalks, handicap ramps, pedestrian ramps, driveways, and decorative concrete for commercial, government, and residential customers.
- Landscape Division Design/build landscaping services providing water features, xeriscaping, paver and flagstone patios, retaining walls, sod, tree/shrub/flower plantings, irrigation systems, and erosion control for the Pikes Peak high desert ecosystem.
- Site Work Site preparation and development services with equipment and skilled operators to start building projects in the right direction.
Quantifiable outcome
- 95% compaction achieved on steep slope wastewater pond project
- +1 more outcomes
Companies that use Trax Construction, Inc.
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Trax Construction, Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Trax Construction, Inc. partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Colorado Springs UtilitiescoreColorado Springs Utilities awarded Trax the first service-related Strategic Alliance contract in 2003 for asphalt patch paving services. Trax customized equipment purchases, quality control standards, and office administration to maximize contract performance. The Strategic Alliance relationship continues to present day.
- CH2M HillminorIn 2007, Trax worked with CH2M Hill to place an asphalt lining in a new wastewater retention pond as part of the Fountain Creek Recovery Project. Trax engineered a specialized compaction solution for steep slopes achieving 95% compaction, which contributed to CH2M Hill receiving an Excellence in Safety Award for the project.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Trax Construction, Inc. competitors and assessment
Company assessmentBroad incumbents
- Sterling Infrastructure: Diversified heavy civil, transportation, and infrastructure services company with e-infrastructure, transportation, and building solutions segments. Comparable as a multi-divisional infrastructure services provider, though at significantly larger scale.
- Walsh Group / Walsh Construction: Family-owned national general contractor with heavy civil, building, and transportation infrastructure divisions. Comparable as a family-owned multi-division contractor performing paving, site work, and infrastructure construction.
- Summit Materials: Vertically integrated construction materials supplier with aggregates, cement, ready-mix, and asphalt operations. Comparable in heavy-side construction materials plus paving services, but operating across multiple U.S. regions.
- Martin Marietta Materials: Large publicly-traded aggregates and heavy-side building materials producer with significant paving and infrastructure operations across the U.S. Comparable as a broad incumbent in roadbuilding materials and contracting, though much larger and more diversified than Trax.
- Oldcastle Materials (CRH Americas): Largest U.S. producer of aggregates and asphalt paving mixtures plus a major highway construction contractor under CRH. Comparable broad incumbent in paving materials and contracting, though at vastly greater scale than Trax.
- LafargeHolcim US (Aggregate Industries): Global building materials giant with U.S. aggregates, ready-mix, and asphalt operations serving infrastructure markets. Comparable in providing paving-related materials and contracting services at a national/global scale.
Direct peers
- Granite Construction: Public heavy civil contractor focused on transportation, water resources, and site development including asphalt paving and concrete work. Comparable in core scope (paving, site work, heavy infrastructure) to Trax but operating at national scale.
- Knife River Corporation: Construction materials and contracting company producing aggregates, asphalt, and ready-mix concrete plus performing heavy civil and site work. Most direct comparable in combining asphalt/aggregate production with paving contracting services like Trax.
Regional players
- Asphalt Paving & Supply (Colorado regional operators): Regional Colorado asphalt paving and supply operators (representative of the Colorado Asphalt Pavement Association member firms). Directly comparable in serving the same Colorado Springs / Front Range paving market.
- Simon Contractors: Regional Colorado/Wyoming heavy civil contractor offering asphalt paving, aggregate production, and site development. Closely comparable as a multi-division paving and site-work contractor operating in adjacent western states to Trax.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Trax Construction, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Trax Construction, Inc. leadership team
Management profileNumber of profiles
Profiles10 records
Trax Construction, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Trax Construction, Inc. 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 Trax Construction, Inc.
What does Trax Construction, Inc. do?
Trax Construction, Inc. is a Colorado Springs-based construction services company providing asphalt paving, concrete flatwork, landscape design and installation, road milling, saw cutting, traffic control, and site preparation services. The company operates four core service divisions (Asphalt, Concrete, Landscape, Site Work) along with specialized sub-divisions for milling, saw cutting, and traffic control. Their service area spans Colorado, Wyoming, and New Mexico, with primary operations concentrated in the Colorado Springs region.
Is Trax Construction, Inc. a public or private company?
Trax Construction, Inc. is a private company. It is classified as family owned and is currently operating.
When was Trax Construction, Inc. founded?
Trax Construction, Inc. was founded in 1994. It employs 101 to 250 people.
Where is Trax Construction, Inc. based?
Trax Construction, Inc. is headquartered in Colorado Springs, United States, in the North America region.
How does Trax Construction, Inc. make money?
Four revenue lines are on record. Asphalt Paving Services are the primary driver. The others are concrete Flatwork Services, landscaping Design and Installation and site Work Services.
Who are Trax Construction, Inc.'s main competitors?
Broad incumbents on record are Sterling Infrastructure, Walsh Group / Walsh Construction, Summit Materials, Martin Marietta Materials, Oldcastle Materials (CRH Americas) and LafargeHolcim US (Aggregate Industries). Direct peers are Granite Construction and Knife River Corporation. Regional players are Asphalt Paving & Supply (Colorado regional operators) and Simon Contractors.
Does Trax Construction, Inc. have an API?
No public API is recorded for Trax Construction, Inc..
What industry is Trax Construction, Inc. in?
Trax Construction, Inc.'s product category is Construction Services. Its primary akta.pro industry code is IMAFAKAL, Concrete Cutting, Coring & Sawing, with a secondary code of TLABAFAB, Roadbuilding & Paving Equipment Rental/Leasing. Its NAICS code is 23891 and its SIC code is 1700.