Lasco Construction

What Lasco Construction does

Lasco Construction, Inc. is a privately held, full-service commercial construction company headquartered in Hobbs, New Mexico, operating in the Permian Basin since 1974. The firm delivers fixed-price design-build and construction services for schools, churches, athletic facilities, commercial buildings, and civic projects, with contract values historically ranging from $3.4 million to $38 million. Its service portfolio spans nine in-house trades — concrete, masonry, structural steel and metalwork, framing, sheetrock, tape and bedding, painting, custom millwork, and flooring — enabling single-source 'dirt to done' project delivery without reliance on subcontractors. Differentiators include owned equipment and assets exceeding $1.5 million, a tenured leadership team (President with 39 years of industry experience), and a community-focused operating model supported by $80,000+ in annual regional giving.

The company's go-to-market is direct enterprise field sales targeting vertical segments in Lea County — primarily educational institutions (Hobbs Municipal Schools, Jal School District), religious organizations, local businesses, and municipal clients such as the City of Jal. Marketing channels are regional and low-cost: a company website, a project portfolio showcasing contract values and square footage, direct phone/email contact, and sustained community involvement. Pricing is quote-based and project-specific rather than tiered; contracts are multi-year fixed-price engagements. Recent flagship deliverables include the $38M Jal Indoor Practice Facility (a 60-foot architectural statement with batting cages and weight room), the $16.1M Jal Athletics build, and an $8.9M Jal School District auditorium.

Lasco Construction generates revenue through one-time project contracts and the bundled professional services of its in-house trade crews. It maintains no subsidiaries, no external investors, and no disclosed M&A activity. With 75+ skilled team members and over 1,000 completed projects to date, the business is a stable, founder-led regional contractor whose growth lever is scaling individual project size within its existing geographic footprint rather than expanding outside the Permian Basin.

Name

Lasco Construction

Legal name

Lasco Construction, Inc.

Website

https://lasco.biz

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

Lasco Construction is a privately held, full-service commercial construction company in Hobbs, New Mexico, founded in 1974. It serves schools, churches, municipalities, and local businesses across the Permian Basin using in-house crews across nine trades on projects ranging from $3.4M to $38M.

Ownership category

akta.pro rank

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 industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• Commercial construction services
• General contracting
• Concrete and masonry
• Structural steel erection
• Construction project management

Headquarters

HQ city

Hobbs

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial Construction Projects: One-time project-based contracts for commercial construction including churches, schools, athletic facilities, and local businesses. Revenue generated through fixed-price contracts based on project scope and contract value.
2. In-House Trade Services: Providing multiple construction trades (concrete, masonry, steel, framing, drywall, painting, flooring, millwork) through company-owned crews, generating revenue as part of overall project delivery.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Lasco Construction provides full-scope commercial construction services through in-house crews across nine core trade disciplines: concrete, masonry, steel, framing, sheetrock, tape and bedding, painting, millwork, and flooring. The company delivers projects from ground-up through final finishes for schools, churches, businesses, and community organizations, with contract values ranging from $3.4M to $38M. End-to-end project delivery is managed by Lasco's own crews, providing customers with a single point of accountability from concept to completion.

Product overview

Lasco Construction is a full-service commercial construction company serving Hobbs, New Mexico and the greater Permian Basin since 1974. The company operates in-house crews providing end-to-end construction services across nine core trade areas: Concrete, Masonry, Steel, Framing, Sheetrock, Tape & Bedding, Painting, Millwork, and Flooring. Their integrated approach delivers full-scope services from dirt to done—handling projects from ground up through final finishes. Major completed projects include churches, school athletic facilities, and auditoriums ranging from $3.4 million to $38 million in contract value.

Differentiator

Problem solved

Functional benefit

Products and services

• Concrete Construction In-house concrete crews deliver durable, precise pours for any foundation or flatwork, providing commercial customers with single-source concrete execution.
• Masonry Construction Brick, block, and stucco work combining time-tested craftsmanship with modern efficiency, delivering clean lines and solid masonry results.
• Structural Steel and Custom Metalwork Structural steel and custom metalwork delivered by an in-house crew with precision and strength, providing project control for commercial builds.
• Framing Wood or steel stud framing that ensures a strong, level structure setting the foundation for the rest of the commercial build.
• Sheetrock / Drywall Drywall handled with efficiency and precision, creating clean, solid walls that form the foundation for smooth interior finishes.
• Tape and Bedding Skilled taping and bedding ensuring even seams, minimal sanding, and surfaces that are ready for final finishes.
• Painting Professional-grade paintwork finishing every space with quality materials and sharp attention to detail from start to final coat.
• Custom Millwork Custom woodwork that brings function and beauty together, precise and polished, tailored to fit each commercial space.
• Flooring Installation High-quality flooring installation with precision and care, delivering durable, clean finishes that enhance every space.

Quantifiable outcome

• 48+ years in business serving the Permian Basin
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Lea County CommunitiescoreOthers · 1 January 1974Long-standing partnership with Lea County communities including Hobbs, Eunice, Jal, Tatum, and Lovington. Partner since 1974 for building sustainable developments that serve current and future generations.
• Hobbs Municipal SchoolscoreStrategic or Co-development PartnerStrategic community partner providing construction services for school facilities and infrastructure development.
• Jal School DistrictcoreStrategic or Co-development PartnerCompleted multiple major projects including the $16.1M Jal Athletics facility and $8.9M auditorium for the school district.
• City of JalcoreStrategic or Co-development PartnerCity partnership for the $38M Jal Indoor Practice Facility, described as the city's signature centerpiece and 60-foot-tall architectural statement.

Scale indicators7 records

Recent moves4 records

Expansion highlights4 records

Regional players

• Hill & Wilkinson: Texas-based commercial GC focused on education, healthcare, religious, and industrial projects. Direct overlap in geographic footprint (Texas/NM region) and institutional customer mix, at comparable mid-market scale.

Broad incumbents

• Brasfield & Gorrie: Large Southeast-rooted commercial GC with deep institutional, healthcare, and religious project experience. Comparable in self-perform trade model and customer verticals, but at significantly larger scale.
• Manhattan Construction: Oklahoma-rooted national commercial GC with major institutional and civic project portfolio including religious facilities. Comparable in Southwest regional heritage and customer verticals, but operates at national scale.
• Robins & Morton: Alabama-based commercial GC with deep institutional, healthcare, and religious project experience. Comparable self-perform trade model and customer verticals at larger scale and different geography.
• Pepper Construction: Midwest-based commercial GC with strong educational, religious, and civic portfolios. Comparable family-influenced culture and self-perform trade model, but at significantly larger scale and broader geography.
• Flintco: Southwest-focused commercial GC with strong institutional, educational, and religious project portfolios across Oklahoma, Texas, and New Mexico. Larger scale but directly overlapping regional market and customer segments.
• Hunt Construction Group: National commercial GC with major civic, educational, and signature institutional project portfolio. Comparable in pursuing large-scale public/institutional work, but operates nationally at substantially larger scale.
• JE Dunn Construction: Top-tier national commercial GC with significant education, healthcare, religious, and civic project portfolios. Comparable in customer mix and self-perform capability, but at far larger scale and broader geography.

Direct peers

• Hoar Construction: Mid-sized commercial GC specializing in civic, educational, and religious facilities with strong self-perform capabilities. Closely aligned business model and customer verticals, with broader geographic reach.
• SpawGlass: Texas-based employee-owned commercial GC operating across education, religious, healthcare, and civic segments at similar mid-market scale. Highly comparable in trade self-performance, regional focus, and institutional client mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lasco-construction-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Lasco Construction