Ragnar Benson Construction, Llc, A Mastec Company

Name

Ragnar Benson Construction, Llc, A Mastec Company

Legal name

Ragnar Benson Construction, LLC

Website

https://rbic.com

Company type

Private

Founded year

1922

Operating status

Operating

Ownership category

akta.pro rank

Headquarters

HQ city

Rockford

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, Technology or R&D, Marketing or Sales

Revenue model

1. Construction Project Delivery: Revenue is generated through construction project delivery for rail infrastructure, intermodal facilities, ports, and building construction. Services include general contracting, construction management, preconstruction, and design-build delivery models. Revenue is project-based and one-time per contract, with the company taking on prime contractor roles for complex heavy civil projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ragnar Benson Construction is a full-service general contractor that builds, renovates, and manages Class 1 rail facilities, intermodal and port facilities, and commuter light-rail stations, while also providing environmental management (hazardous materials handling, soil stabilization, contaminated water treatment) and general building construction. Services are delivered via general contracting, construction management, preconstruction, and design-build models for enterprise and public-sector clients across the United States.

Product overview

Ragnar Benson Construction is a full-service general contractor specializing in rail infrastructure, environmental management, and building construction. The company offers multiple service delivery models including general contracting, construction management, preconstruction, and design-build services. Core specializations include constructing intermodal facilities, classification yards, mechanical repair facilities, fueling facilities, automobile marshaling terminals, and mainline capacity improvements. The company operates as part of MasTec's Clean Energy and Infrastructure segment, having been acquired in 2022.

Differentiator

Problem solved

Functional benefit

Products and services

• Rail Infrastructure Construction
• Environmental Management Services
• Building Construction Services
• General Contracting
• Construction Management
• Preconstruction Services
• Design-Build Services

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• National Railroad Construction and Maintenance Association (NRC)minorOthersRagnar Benson participates in the National Railroad Construction and Maintenance Association (NRC) and has received multiple NRC Platinum Level Safety Awards annually. The company also received the 2017 Large Project of the Year award from NRC for the Kansas City Southern Mossville Yard expansion project.
• Chicagoland Associated General Contractors (AGC)minorOthersRagnar Benson received the 2022 Safety Recognition Award from the Chicagoland AGC Safety Awards Program.

Scale indicators3 records

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• Sterling Infrastructure, Inc. Sterling operates heavy civil, transportation, and infrastructure services across the U.S., including rail-adjacent work — comparable at the heavy civil contracting level, though with a different mix of building versus infrastructure.
• Kiewit Corporation: Kiewit is one of the largest privately held North American construction firms, executing heavy civil, transportation, and rail projects at national scale — overlapping with Ragnar Benson on rail and port infrastructure but operating across a far broader portfolio.
• Tutor Perini Corporation: Tutor Perini is a publicly traded civil contractor with a strong portfolio in large-scale rail, transit, and heavy civil infrastructure — a broad incumbent whose civil segment competes with Ragnar Benson for large transportation and port projects.
• Lunda Construction Company: Lunda is a heavy civil contractor specializing in bridge, rail, and transportation infrastructure across the Midwest and U.S. — a comparable private heavy civil firm competing for similar rail and bridge/civil work.
• Walsh Group: Walsh Construction and Walsh/ArcherWestern build heavy civil infrastructure including rail, transit, and port projects across the U.S. — a comparable diversified heavy civil contractor with overlapping Class 1 and transit agency customers.
• Fluor Corporation: Fluor is a large publicly traded EPC contractor with infrastructure, transportation, and rail/transit exposure — a broader incumbent whose infrastructure segment overlaps Ragnar Benson's rail and port construction work.
• Granite Construction Incorporated: Granite is a publicly traded heavy civil contractor with material exposure to rail, ports, and intermodal infrastructure across the U.S. — comparable at the broad heavy civil level though less specialized in Class 1 rail than Ragnar Benson.

Direct peers

• RailWorks Corporation: RailWorks is one of the largest North American rail infrastructure contractors, providing track construction, maintenance, and rail-related civil services to Class 1 railroads and transit agencies — directly comparable to Ragnar Benson's core Class 1 rail and commuter rail work.
• Balfour Beatty Rail: Balfour Beatty's U.S. rail division delivers trackwork, electrification, and civil construction for Class 1 railroads and transit authorities — a direct competitor in the same rail construction niche, with comparable design-build and program management capabilities.
• Herzog Railroad Services, Inc. Herzog provides rail construction, maintenance-of-way, and transit services to freight railroads and passenger agencies across the U.S. — a direct peer in heavy civil rail infrastructure and a fellow NRC member competing for similar Class 1 and commuter work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ragnar-benson-construction-llc

Revenue estimate

Valuation estimate

Number of profiles

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 Ragnar Benson Construction, Llc, A Mastec Company