Basin Resources

What Basin Resources does

Basin Resources is a privately held aggregate resource company founded in 2015 and headquartered in Athol, Idaho. It extracts, processes, and sells angular rock, gravel, basalt, and related construction materials from 9 pit locations across North Idaho, including Silver Valley quarries, the St. Maries basalt source, Willow Creek quarry on Highway 3, a greenfield quarry near Harrison on Highway 97, and the Granite Hill quarry on Highway 95 operated via joint venture with Peak Sand & Gravel. Its products serve highway infrastructure, county construction, Superfund remediation, commercial and residential construction, and homeowner landscaping.

The company operates a sales-led, transactional business model. Customers — government transportation agencies, county public works, local contractors, and individual homeowners — contact Basin Resources directly by phone or email for quotes, then arrange delivery or pickup from pit locations. Pricing is quote-based per ton with no public rate sheet. Basin Resources began in 2015 as an outsourcing venture managing four Silver Valley quarries under a per-ton royalty agreement with Zanetti Brothers, then progressively expanded through pit leases, purchases, greenfield permitting, and a joint venture acquisition of Granite Hill in October 2020 that also secured a $20 million Idaho Department of Transportation highway project contract.

The three founding partners — Eddie Davis, Joe Zanetti, and Jeff Nearing — remain operators of the firm, supported by named sales representatives (Travis Forsman, Tim Day) and an accounting contact (Cass Novotney). Revenue mechanics are volume-driven on aggregate tons sold, with the ITD contract representing a significant near-term revenue anchor. The company competes in a logistics-sensitive regional market where geographic density of permitted pits is a meaningful competitive advantage.

Name

Basin Resources

Legal name

Basin Resources

Website

https://basin-resources.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Basin Resources is a privately held North Idaho aggregate producer operating 9 pits that extract and sell angular rock, gravel, and basalt to government agencies, contractors, and homeowners across the region.

Ownership category

akta.pro rank

Product category

Construction Aggregates

NAICS

Construction Sand and Gravel Mining (212321), Nonmetallic Mineral Mining and Quarrying (2123), Crushed and Broken Granite Mining and Quarrying (212313)

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Sand & Gravel Extraction & Processing (IMAKAHAB)

akta.pro secondary industries

Aggregate Processing & Value-Added Products (Washing, Screening, Asphalt/Concrete Aggregates) (IMAKAHAH), Aggregates & Dimension Stone Trading (Sand & Gravel, Crushed Stone, Limestone, Granite, Marble) (IMAKAJAG)

Keywords

• Construction aggregates
• Rock and gravel
• Quarry operations
• Aggregate materials
• Landscape rock

Headquarters

HQ city

Athol

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales

Revenue model

1. Aggregate and Rock Product Sales: Basin Resources generates revenue through the extraction and sale of aggregate products including rock, gravel, and basalt materials. Initially operated under per ton royalty agreements with quarry owners (2015), the company has expanded to own and operate multiple pits producing materials for construction projects. Revenue is transactional based on material volumes sold to contractors, government agencies, and private customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Basin Resources extracts, processes, and sells aggregate construction materials including angular rock, gravel, and basalt from nine pit locations across North Idaho. The company supplies materials to construction contractors, government transportation agencies (including the Idaho Department of Transportation), and individual homeowners for highway projects, commercial/residential construction, Superfund remediation, and landscaping applications. Products are sold via direct sales contact with delivery or customer pickup from pit locations.

Product overview

Basin Resources operates as an aggregate resource company offering a portfolio of rock and gravel products sourced from 9 different pit locations across North Idaho. The company provides Angular Rock for landscape applications (retaining walls, front yards) and standard Gravel for real estate and winter road maintenance needs. Products are distributed through multiple pit locations including Silver Valley quarries, the St. Maries basalt source, Willow Creek quarry, and the Granite Hill quarry (joint venture with Peak Sand & Gravel).

Differentiator

Problem solved

Functional benefit

Products and services

• Angular Rock
• Gravel
• Basalt Material
• Aggregate Products for Superfund Remediation

Quantifiable outcome

• 9 different pits with wide variety of products
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Peak Sand & GravelcoreStrategic or Co-development Partner · 1 October 2020Joint venture partnership for the purchase and operation of the Granite Hill quarry north of Athol, Idaho along Highway 95. Peak Sand & Gravel serves as the crushing and screening contractor while Basin Resources manages quarry operations. This partnership secured the ability to bid on and fulfill a $20 million Idaho Department of Transportation highway project requiring aggregate and asphalt plant mix.
• Family-owned Basalt Source (St. Maries)minorOthers · 1 January 2016Lease agreement with a family-owned property in St. Maries, Idaho for basalt material extraction. Basin Resources has been providing basalt to local contractors, Idaho Department of Transportation, and Benewah County since acquiring the lease.
• Zanetti BrotherscoreStrategic or Co-development Partner · 1 January 2015Zanetti Brothers of Osburn, Idaho partnered with Basin Resources in 2015, presenting an outsourcing venture where Basin Resources assumed management and operations of four Silver Valley-based rock quarries. Under a per ton royalty agreement, Basin Resources managed production of aggregate products for Superfund remediation projects, proving the business concept profitable.

Scale indicators2 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• Knife River Corporation: Public aggregates and construction materials producer with operations across the Western U.S., including Idaho. Competes for the same DOT and infrastructure contracts at substantially larger scale.
• CalPortland Company: Major West Coast producer of aggregates, ready-mix concrete, and asphalt. Operates quarries in the Pacific Northwest and competes for the same regional DOT and large commercial aggregate contracts.
• Granite Construction Incorporated: Vertically integrated heavy civil contractor and aggregate producer with significant Pacific Northwest operations. Often self-supplies aggregates on its own infrastructure projects, competing both for supply and as a downstream buyer.
• CRH Americas Materials (Oldcastle): Largest U.S. aggregate producer and a division of CRH plc, operating pits across the West. Competes with Basin Resources on large infrastructure bids and represents the dominant national incumbent in the space.
• Vulcan Materials Company: The largest U.S. producer of construction aggregates, with nationwide operations. Represents the upper bound on scale in the aggregate industry and a competitor for any out-of-region bids.
• Martin Marietta Materials: Top-tier U.S. aggregate supplier serving infrastructure and commercial markets. Competes broadly in aggregates across the West and sets pricing benchmarks for DOT-grade material.

Regional players

• Peckham Industries: Family-owned aggregate, asphalt, and construction materials producer with a multi-state regional footprint. Comparable in scale and culture to Basin Resources and a potential model for geographic expansion.
• Western Materials: Regional aggregate and asphalt producer operating in the Pacific Northwest. Directly comparable in size and end-market mix to Basin Resources, particularly for DOT and county contracts.

Direct peers

• Peak Sand & Gravel: Crushing and screening contractor that is Basin Resources' JV partner on the Granite Hill quarry and a North Idaho aggregate producer operating in the same regional market with comparable product offerings.
• Idaho Sand & Gravel Company: Regional aggregate producer serving Idaho markets, directly competing with Basin Resources for state DOT, county, and private construction aggregate sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Basin Resources