A Brief History of Construction Partners, Inc. (ROAD)

Construction Partners, Inc. (ROAD) is a leading infrastructure and road construction company based in the United States. The company was founded in 2001 and has since grown to become a key player in the construction industry.

Some important milestones in the history of Construction Partners, Inc. include:

• 2001: Construction Partners, Inc. is founded and begins operations in the construction industry.
• 2005: The company expands its operations to include a wider range of infrastructure projects, including road construction.
• 2010: Construction Partners, Inc. completes its first major highway construction project, solidifying its reputation in the industry.
• 2015: The company goes public, trading on the NASDAQ stock exchange under the ticker symbol ROAD.
• 2020: Despite challenges posed by the COVID-19 pandemic, Construction Partners, Inc. continues to thrive and expand its presence in the construction market.

Who Owns Construction Partners, Inc. (ROAD)

Construction Partners, Inc. (ROAD) is a leading infrastructure and road construction company in the United States. The company is publicly traded on the Nasdaq stock exchange under the ticker symbol ROAD. As a publicly traded company, Construction Partners, Inc. is owned by a combination of individual and institutional investors who hold shares of the company's stock.

Some of the major institutional investors who own significant stakes in Construction Partners, Inc. include Vanguard Group, BlackRock, and Dimensional Fund Advisors. These institutional investors hold large portfolios of various stocks, including shares of ROAD.

Additionally, top executives and members of the management team at Construction Partners, Inc. also own a portion of the company's stock. This aligns their interests with those of the shareholders and ensures that they are incentivized to work towards the company's success and profitability.

Overall, the ownership of Construction Partners, Inc. is diversified among a mix of individual and institutional investors, with top executives also holding a stake in the company. This broad ownership structure helps to ensure stability and accountability within the organization.

Construction Partners, Inc. (ROAD) Mission Statement

At Construction Partners, Inc. (ROAD), our mission is to be the premier provider of infrastructure solutions in the markets we serve. We are committed to delivering high-quality projects that enhance the communities in which we work.

Key components of our mission include:

• Quality: We strive to deliver projects of the highest quality, meeting and exceeding industry standards.
• Community Impact: We aim to make a positive impact on the communities where we operate by improving infrastructure and creating job opportunities.
• Safety: We prioritize the safety of our employees, subcontractors, and the public on all of our job sites.
• Customer Satisfaction: We are dedicated to meeting the needs and expectations of our customers through open communication and collaboration.
• Sustainability: We are committed to sustainable practices in our construction projects, minimizing environmental impact and promoting long-term sustainability.

How Construction Partners, Inc. (ROAD) Works

Construction Partners, Inc. (ROAD) is a vertically integrated civil infrastructure company that specializes in the construction and maintenance of roadways across the southeastern United States. The company primarily serves the public and private sectors, including state departments of transportation, local municipalities, and commercial developers.

Key aspects of how Construction Partners, Inc. operates include:

• Project Bidding: The company competes for contracts through a competitive bidding process, where they submit proposals to potential clients outlining the scope of work, timeline, and cost estimates.
• Project Management: Once a contract is awarded, Construction Partners, Inc. mobilizes its construction teams to begin work on the project. Project managers oversee the execution of the work, ensuring that it is completed on time and within budget.
• Vertical Integration: Construction Partners, Inc. differentiates itself by owning and operating its own materials and equipment, including asphalt plants, quarries, and paving machines. This vertical integration allows the company to control costs and maintain quality throughout the construction process.
• Quality Assurance: The company places a strong emphasis on quality assurance, conducting regular inspections and tests to ensure that projects meet or exceed industry standards. This commitment to quality has helped Construction Partners, Inc. build a reputation for delivering durable and reliable infrastructure.
• Community Engagement: Construction Partners, Inc. works closely with local communities to minimize disruptions during construction projects. The company communicates regularly with stakeholders and addresses any concerns or issues that may arise throughout the project.

How Construction Partners, Inc. (ROAD) Makes Money

Construction Partners, Inc. (ROAD) is a leading infrastructure and road construction company that generates revenue through various streams. Here are some key ways in which the company makes money:

• Infrastructure Projects: Construction Partners, Inc. generates a significant portion of its revenue from infrastructure projects such as road construction, highway maintenance, and bridge construction. These projects are typically funded by government agencies and municipalities.
• Contracting Services: The company also earns revenue through contracting services for public and private sector clients. This includes services such as asphalt paving, grading, and utility construction.
• Material Sales: Construction Partners, Inc. sells construction materials such as aggregates, asphalt, and concrete to third-party contractors and builders. This provides an additional source of revenue for the company.
• Equipment Rental: Another revenue stream for Construction Partners, Inc. is equipment rental. The company rents out construction equipment such as bulldozers, excavators, and cranes to other construction companies for a fee.
• Maintenance Contracts: The company also earns revenue through maintenance contracts for roads, highways, and bridges. These contracts involve regular inspections, repairs, and maintenance work, providing a steady source of income for the company.