Trax Construction, Inc.

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

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

• Asphalt paving services
• Concrete flatwork services
• Landscape design installation
• Road milling services
• Site work excavation

Headquarters

HQ city

Colorado Springs

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. Concrete Flatwork Services: Concrete services including curb and gutters, sidewalks, handicap ramps, pedestrian ramps, driveways, and decorative concrete for residential, commercial, and government customers.
3. 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.
4. 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

Core 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

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Colorado Springs UtilitiescoreStrategic or Co-development PartnerColorado 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 HillminorStrategic or Co-development PartnerIn 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

Broad 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

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Trax Construction, Inc.