Narragansett Improvement Company

Name

Narragansett Improvement Company

Legal name

Narragansett Improvement Company

Website

https://nicori.com

Company type

Private

Founded year

1893

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Asphalt Paving & Heavy Construction Services

NAICS

Asphalt Paving Mixture and Block Manufacturing (324121)

SIC

Asphalt Paving & Roofing Materials (2950)

akta.pro primary industry

Asphalt Mixing & Paving Materials (Hot/Warm/Cold Mix, RAP/RAS Blends) (EUALAKAG)

akta.pro secondary industry

Sand & Gravel Extraction & Processing (IMAKAHAB)

Keywords

• Asphalt paving services
• Hot mix asphalt
• Heavy construction services
• Aggregate materials supply
• Site development contracting

Headquarters

HQ city

Providence

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D

Revenue model

1. Asphalt Paving Services: Provides asphalt paving services for driveways, parking lots, and roadways ranging from individual property owners to large commercial projects. Revenue generated through project-based contracts with pricing based on project scope, materials, and labor.
2. Hot Mix Asphalt Products: Manufactures and sells hot mix asphalt products including Base Course, Binder Course, Surface Course, Curb Mix, Class 19, Class 12.5, Class 9.5, and Class 4.75. Also sells crushed stone, process blend gravel, and aggregate materials.
3. Construction Services: Broad range of construction services including concrete work, curbing, electrical, gravel supply, erosion control, athletic fields, masonry, playground installation, and precast concrete products. Revenue from project-based contracts.
4. Drainage & Utility Services: Licensed drain layer services including water main installation, sewer mains, storm drainage systems, septic system installation, and underground utility work for commercial and municipal projects.
5. Aggregate Materials: Sells various aggregate materials including crushed stone (3/4", 1/2", 3/8"), bank gravel, septic gravel, fill, screened sand and gravel, ASTM C-33 sand, 3" Minus, and 1.5" Minus from Providence and Arcadia locations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Narragansett Improvement Company manufactures hot mix asphalt and aggregate products at its Providence plant and Arcadia Gravel Pit, and provides asphalt paving, construction, drainage and utility, decorative pavement texturing, and subdivision site development services across Rhode Island and southeastern Massachusetts. The company serves government, commercial, institutional, healthcare, and residential customers through project-based contracts with dedicated superintendents assigned from estimating through completion.

Product overview

Narragansett Improvement Company operates as a vertically integrated asphalt paving and construction services provider. The company manufactures its own Hot Mix Asphalt Products at its Providence plant, offering various asphalt mix classes for different applications. In addition to asphalt products, they supply Crushed Stone and Gravel Products from both their Providence location and Arcadia Gravel Pit. Their service portfolio includes Asphalt Paving Services, Construction Services (concrete, curbing, electrical, athletics), Pavement Evaluation Services, Drainage & Utility Services, and Subdivision & Site Development. They also offer StreetPrint® Pavement Texturing, a decorative patterned asphalt system that provides aesthetic alternatives to traditional paving materials like brick and cobblestone.

Differentiator

Problem solved

Functional benefit

Products and services

• Asphalt Paving Services

Named customers30 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• StreetPrint (GAF/Ennis Flint)coreTechnology or Integration · 1 January 1997Since 1997, Narragansett Improvement has been an accredited applicator of StreetPrint Pavement Texturing, a decorative patterned paving system that stamps asphalt to create decorative surfaces. They also offer Traffic Patterns XD products. This partnership enables the company to offer unique decorative paving services with products from GAF (StreetBond) and Ennis Flint (Traffic Patterns).

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Callanan Industries (Aecon): Upstate New York-based asphalt and aggregates producer with paving operations, owned by Aecon Group. Similar vertically integrated business model combining hot mix production, aggregate reserves, and paving services for government and commercial customers in the Northeast.
• Peckham Industries: Vertically integrated asphalt manufacturing and paving contractor headquartered in New York, operating hot mix asphalt plants and aggregate operations with a strong government/municipal customer focus. Closely mirrors Narragansett's vertically integrated model of owning plants, quarries, and paving crews serving Northeast DOT and institutional customers.
• Suit-Kote Corporation: Family-owned/operated vertically integrated asphalt manufacturer and paving contractor based in New York with proprietary asphalt emulsion technology and multiple hot mix plants. Highly comparable to Narragansett on integrated materials-plus-paving model serving Northeast DOT and municipal customers.

Broad incumbents

• CRH plc: Global building materials giant and parent of multiple Northeast asphalt/paving subsidiaries (including Lane Construction and Tilcon). Provides the ultimate competitive backdrop against which Narragansett competes for RIDOT and regional infrastructure work.
• Granite Construction: Large publicly traded heavy civil construction contractor with significant asphalt paving and aggregate operations across the U.S. Operates at materially larger scale and broader geographic reach than Narragansett but competes for similar DOT and large institutional paving programs.
• Tilcon Connecticut (CRH): Major New England-based asphalt and aggregates producer with hot mix plants and paving operations serving Connecticut and broader New England. Direct substitute competitor for RIDOT and municipal paving work and a benchmark for vertically integrated regional asphalt peers.
• Lane Construction Corporation: Large Northeast-focused heavy civil construction contractor (CRH subsidiary) performing highway, bridge, and asphalt paving work across multiple states. Significantly larger scale and broader geography than Narragansett, but competes for the same RIDOT-adjacent DOT and large infrastructure opportunities.
• Heidelberg Materials (formerly Hanson): Global building materials giant with substantial aggregates, asphalt, and ready-mix operations in North America, including Northeast U.S. Provides competitive benchmark for vertically integrated materials-and-paving business models, though at vastly greater scale and capital access than Narragansett.

Regional players

• Continental Paving & Construction: Regional asphalt paving and construction contractor based in Connecticut serving southern New England municipal, commercial, and institutional customers. Comparable mid-sized regional peer with overlapping service territory in southern New England.
• A.L. Blades & Sons: Family-owned regional asphalt paving and site development contractor based in western New York, comparable in scale and ownership profile to Narragansett. Overlapping customer base (DOT, municipal, commercial) and similar vertically integrated operations provide a closely matched regional peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/narragansett-improvement-company

Compliance1 record

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 Narragansett Improvement Company