Midstates Builders
Midstates Builders is a privately held commercial general contractor in Spencer, Iowa, providing commercial construction, heavy steel building, exterior makeovers, crane and rigging, and consulting services to businesses, healthcare, government, and nonprofit clients across Iowa, Minnesota, South Dakota, and Nebraska.
- Company typePrivate
- Founded1947
- HeadquartersSpencer, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Midstates Builders does
Midstates Builders, Inc. is a privately held commercial general contractor headquartered in Spencer, Iowa, founded in 1947 and currently owned by Craig Wampler. The company provides four integrated service lines: commercial construction (delivered via In-House Design, Design-Build, Cost Plus, or Construction Management contracts), heavy steel building solutions (pre-engineered steel via VP Buildings, custom hybrid steel, and conventional steel with certified welders), exterior building makeovers (metal building renovations with Varco Pruden since 1989), and crane and rigging services. In 2015, owner Craig Wampler established Construction Consulting and Management Services (CCMS), an adjacent subsidiary offering cost/benefit analysis, value engineering, risk assessment, third-party inspections, and expert opinions on a professional-services basis.
The firm serves a diversified regional client base across Iowa, Minnesota, South Dakota, and Nebraska, with a notable concentration in the Iowa Lakes Corridor. Customer segments span commercial/industrial businesses, healthcare facilities, financial institutions, government/municipal entities (City of Spencer, US Post Office, City of West Okoboji), religious organizations, and nonprofits. Pricing is negotiated per project across multiple delivery methods, with billing tied to project milestones over multi-year contract horizons for larger engagements. Marketing is portfolio-driven (website showcasing completed projects) supplemented by extensive client testimonials and deep community involvement.
Midstates Builders is operated by 11–50 employees with no disclosed funding, no institutional investors, and no public market listing. Its competitive positioning rests on 70+ years of regional reputation, multi-decade supplier partnerships, owner-level construction expertise, and a flexible multi-delivery-method offering. There is no evidence of AI/ML adoption, proprietary software platforms, or technology-driven differentiation beyond conventional construction methods. Revenue, growth rate, and headcount trends are not publicly disclosed.
Midstates Builders firmographics
Firmographics- Name
- Midstates Builders
- Legal name
- Midstates Builders, Inc.
- Website
- https://midstatesbuilders.com
- Company type
- Private
- Founded year
- 1947
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Midstates Builders is a privately held commercial general contractor in Spencer, Iowa, providing commercial construction, heavy steel building, exterior makeovers, crane and rigging, and consulting services to businesses, healthcare, government, and nonprofit clients across Iowa, Minnesota, South Dakota, and Nebraska.
- Ownership category
- akta.pro rank
Midstates Builders industry classification
Industry- Product category
- Commercial Construction Services
- NAICS
- Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362), Construction of Buildings (236)
- SIC
- General Bldg Contractors - Nonresidential Bldgs (1540), Operative Builders (1531)
- akta.pro primary industry
- Office & Corporate Building Construction (IMAFACAA)
- akta.pro secondary industries
- Design-Build / EPC General Contracting (IMAFAAAD), Renovation, Remodeling & Tenant Improvements (General Contracting) (IMAFAAAE)
Keywords
Where Midstates Builders is headquartered
LocationHeadquarters
- HQ city
- Spencer
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Midstates Builders business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D
Revenue model
- General Construction Services: Primary revenue stream from commercial construction projects including new construction, renovations, and remodeling services across multiple building types.
- Construction Consulting Services: Fees negotiated individually on an hourly or total cost basis. Services include project development assistance, third-party analysis, and expert opinions.
- Heavy Steel and Crane Services: Revenue from heavy steel construction, crane and rigging services, and equipment moving/lifting operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based pricing varies by scope and delivery method |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Midstates Builders product offering
Product offeringCore offering
Midstates Builders provides commercial construction services for new builds, renovations, and remodels across commercial, healthcare, financial, government, religious, and industrial building types. The firm delivers projects through multiple methods (In-House Design, Design-Build, Cost Plus, Construction Management) and operates specialized divisions for heavy steel building construction via its VP Buildings partnership and exterior building makeovers via its Varco Pruden supplier relationship, supplemented by an in-house Construction Consulting and Management Services (CCMS) subsidiary.
Product overview
Midstates Builders is a commercial construction company offering a portfolio of integrated construction services rather than a software product platform. The core offering is Commercial Construction services, supported by specialized divisions including Heavy Steel (pre-engineered, custom, and conventional steel building solutions via VP Buildings partnership), Exterior Makeovers (building renovation and energy efficiency upgrades with Varco Pruden), and Construction Consulting and Management Services (CCMS) for project development, cost analysis, and expert consultation. Project delivery methods include In-House Design, Design-Build, Cost Plus, and Construction Management. These services work together as a comprehensive construction solution from initial design through project completion.
Differentiator
Problem solved
Functional benefit
Brands
- Construction Consulting and Management Services (CCMS): Construction management services including cost/benefit analysis, third-party construction dispute analysis, value engineering, feasibility recommendations, project development, risk assessment, contract review, scope review, expert opinions, and progress inspections.
Products and services
- Commercial Construction Full-service commercial general contracting for new construction, renovations, and remodeling across diverse building types including hospitals, retail, banks, offices, warehouses, religious facilities, and government buildings. Delivered via multiple project delivery methods (In-House Design, Design-Build, Cost Plus, Construction Management).
- Heavy Steel Construction Specialized heavy steel division offering pre-engineered steel building shell packages (via VP Buildings partnership), hybrid/custom steel combining hot-rolled mill steel with pre-engineered products, conventional steel design/fabrication/erection by certified welders, and dedicated crane and rigging services for heavy equipment lifting and moving.
- Exterior Building Makeovers Exterior renovation and makeover services for existing buildings including roof repairs, facade updates, energy efficiency improvements, and aesthetic upgrades, sourced through a 30+ year supplier relationship with Varco Pruden metal building products.
- Construction Consulting and Management Services (CCMS) Stand-alone construction management consulting offering cost/benefit analysis, third-party construction dispute analysis, value engineering, feasibility recommendations, project development, risk assessment, contract review, scope review, expert opinions, and progress inspections for commercial construction clients (regardless of whether Midstates is retained as contractor).
Quantifiable outcome
- $1.7 million YMCA day care addition completed on budget and within timeframe
- +2 more outcomes
Companies that use Midstates Builders
Customer profileNamed customers19 records
Segments6 records
Ideal customer profiles3 records
Midstates Builders technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Midstates Builders partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Construction Consulting and Management Services (CCMS)coreFounded in 2015 by Craig Wampler after being asked by a client to provide out-of-town inspection services. CCMS is based on over 30 years of progressive commercial construction experience and provides services including cost/benefit analysis, third party dispute analysis, value engineering, project development, risk assessment, contract review, and progress inspections.
- VP BuildingscoreStrategic partnership for pre-engineered steel building solutions. VP Buildings provides the most cost-effective solution to low-rise building packages with design capabilities to 1/16 inch in any dimension, customizable wind/snow loads, and multiple insulation and accessory options. Partnership enables full design, delivery and construction optimizing time, initial cost, total cost, life cycle cost, and reduced energy costs.
- Varco PrudencoreMetal supplier partnership for exterior makeovers and building renovations. Varco Pruden has been a supplier partner since 1989, celebrating over 30 years of relationship. Their metal building solutions are offered alongside Midstates' construction services for building makeovers.
- RaynorminorListed as a partner/link on the Midstates Builders website, indicating a supplier or reseller relationship for building products.
- Blink MarketingminorWebsite design firm that designed the Midstates Builders company website.
- Master Builders of IowacorePartnership with Master Builders of Iowa and their 'Work-Safe' program which establishes safety guidelines meeting or exceeding OSHA standards. All entities working on Midstates' sites are required to partner on these safety guidelines.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Midstates Builders competitors and assessment
Company assessmentDirect peers
- R & H Construction: Regional general contractor serving the Midwest with commercial, industrial, and healthcare construction. Similar size and project mix, including design-build delivery and tenant improvements for mid-sized clients.
- Story Construction: Iowa-based commercial general contractor serving the Midwest with design-build, construction management, and general contracting services across healthcare, education, commercial, and industrial markets. Directly comparable to Midstates in scale, regional footprint, and vertical mix.
- Wicks Construction, Inc. Regional Midwest general contractor offering design-build, construction management, and steel building services comparable to Midstates' heavy steel and commercial portfolios. Similar small-to-mid-sized contractor profile in rural Midwest markets.
- Todd & Sargent, Inc. Iowa-based design-build contractor specializing in pre-engineered metal buildings, conventional steel, and grain/industrial facilities. Particularly comparable given both firms' reliance on VP-style pre-engineered steel systems and commercial construction overlap.
- Graham Construction: Midwest-headquartered (Lincoln, NE) commercial general contractor with comparable regional reach into Nebraska, Iowa, and surrounding states. Operates similar multi-delivery-method model across commercial, healthcare, and industrial sectors, including structural steel capabilities.
- Waldinger Corporation: Iowa-based multi-trade construction and mechanical services firm operating commercial, industrial, and institutional projects across the Midwest. Comparable regional Midwestern footprint and multi-disciplinary construction service offering.
Broad incumbents
- M.A. Mortenson Construction: Major Midwest-headquartered general contractor with commercial, healthcare, energy, and civil divisions across the U.S. Competes for many of the same healthcare, government, and commercial builds in Iowa/Minnesota/South Dakota/Nebraska at significantly greater scale.
- The Weitz Company: One of the oldest and largest general contractors in the U.S., headquartered in Des Moines, Iowa, with broad commercial, industrial, and infrastructure capabilities. Operates in the same Iowa/Midwest market as Midstates, but at materially larger scale across multiple geographies and verticals.
Others
- VP Buildings: National pre-engineered steel building manufacturer and Midstates' longest-standing strategic partner. Not a direct competitor but an ecosystem participant whose product line Midstates resells, designs, and erects—useful for understanding the supply chain Midstates depends on.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
Midstates Builders social profiles
Digital presenceMidstates Builders financial estimates
Financial estimateRevenue estimate
Valuation estimate
Midstates Builders leadership team
Management profileNumber of profiles
Profiles1 record
Midstates Builders subsidiaries and ownership
Company hierarchySubsidiaries1 record
Midstates Builders funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Midstates Builders 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 Midstates Builders
What does Midstates Builders do?
Midstates Builders provides commercial construction services for new builds, renovations, and remodels across commercial, healthcare, financial, government, religious, and industrial building types. The firm delivers projects through multiple methods (In-House Design, Design-Build, Cost Plus, Construction Management) and operates specialized divisions for heavy steel building construction via its VP Buildings partnership and exterior building makeovers via its Varco Pruden supplier relationship, supplemented by an in-house Construction Consulting and Management Services (CCMS) subsidiary.
Is Midstates Builders a public or private company?
Midstates Builders is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Midstates Builders founded?
Midstates Builders was founded in 1947. It employs 11 to 50 people.
Where is Midstates Builders based?
Midstates Builders is headquartered in Spencer, United States, in the North America region.
How does Midstates Builders make money?
Three revenue lines are on record. General Construction Services are the primary driver. The others are construction Consulting Services and heavy Steel and Crane Services.
Who are Midstates Builders's main competitors?
Direct peers on record are R & H Construction, Story Construction, Wicks Construction, Inc., Todd & Sargent, Inc., Graham Construction and Waldinger Corporation. Broad incumbents are M.A. Mortenson Construction and The Weitz Company. VP Buildings is listed as an others.
Does Midstates Builders have an API?
No public API is recorded for Midstates Builders.
What industry is Midstates Builders in?
Midstates Builders's product category is Commercial Construction Services. Its primary akta.pro industry code is IMAFACAA, Office & Corporate Building Construction, with a secondary code of IMAFAAAD, Design-Build / EPC General Contracting. Its NAICS code is 23622 and its SIC code is 1540.