Pavement Maintenance & Reconstruction June/July 2020

Page 16

PAVING 50 reporting, for the most part, higher margins since at least 2016, though the 5-10% range shows more of an up-anddown movement than any of the other margin ranges.

Where the Paving 50 Work As in the past, there’s no question that the 2020 Paving 50 emphasize off-road work, with 49 companies (98%) reporting sales from parking lots (none reporting less than 5%) and 38 companies (76%) reporting sales from driveway work (including eight reporting less than 5%). Only two of the 50 companies report any significant amount of

Replacing the Paving 50s’ Equipment

highway work and only eight report any highway work at all. And 37 companies (74%) report sales from work on streets.

Not surprisingly, 33 of the Paving 50 companies reported it would cost more than $2 million to replace their equipment. Another 10 companies said it would cost between $1 and $2 million, while six companies reported it would cost between $500,000 and $1 million to replace their fleet. No companies reported in the $250,000-$500,000 range, while one company indicated they could replace their fleet for less than $250,000.

The Paving 50s’ Customers • 48 contractors work for commercial/ industrial customers • 45 contractors work for multi-family residential customers • 39 contractors work for municipal clients • 27 contractors work for single-family homeowners Despite the addition of significantly larger companies to the list, these figures remain consistent with past years.

Sealcoating

Striping

Sweeping

Pavement Repair

Other

Highways

Streets/Roads

Parking Lots

Driveways

Other

Commercial

Municipal

Multi-family

Single-family

Other

Customer Mix (%)

Paving

Where We Work (%)

Year in Business

Sales Composition (%)

A&A Paving - Roselle, IL

60

55

15

5

0

25

0

0

10

80

10

0

60

5

35

0

0

A.C. Moate Industries Inc. - Auburn, WA

24

5

11

7

7

40

30

0

0

100

0

0

70

0

30

0

0

ACI Asphalt & Concrete Inc. - Maple Grove, MN

27

51

8

2

0

17

22

0

0

76

22

2

76

2

22

0

0

ADC Paving - Louisville, KY

61

45

14

0

0

30

11

0

10

60

20

0

30

0

20

30

0

All County Paving - Delray Beach, FL

11

30

40

15

0

15

0

5

45

50

0

0

45

30

25

0

0

All Out Services LLC - Havertown, PA

8

30

30

10

0

30

0

0

0

95

5

0

85

0

10

5

0

American Asphalt Repair & Resurfacing Co., Inc. - Hayward, CA

37

33

10

5

0

26

26

0

40

59

1

0

40

20

39

1

0

ASAP Asphalt Sealing And Paving Co. - Meadow Lands, PA

15

50

25

10

0

15

0

0

5

90

5

0

88

3

8

1

0

Associated Paving Contractors Inc. - Warminster, PA

50

50

15

10

0

30

0

0

0

90

10

0

50

30

10

10

0

Atlantic Southern Paving and Sealcoating - Sunrise, FL

28

35

15

10

0

20

20

2

43

55

0

0

50

12

38

0

0

Bear Owen Paving Company Inc. - Peckville, PA

51

75

25

0

0

0

0

0

5

55

40

0

60

0

0

40

0

Brahney Paving / www.FIXASPHALT.com - Wall Twp., NJ

19

68

20

5

0

7

0

0

0

100

0

0

88

0

12

0

0

Brothers Paving & Concrete Corp. - Manassas, VA

22

55

10

3

0

17

15

0

55

45

0

0

30

48

22

0

0

C & R Asphalt LLC - Lexington, KY

22

67

15

4

0

2

12

0

8

82

5

5

81

0

10

3

6

Cardi Corporation - Warwick, RI

53

50

0

0

0

0

50

50

25

25

0

0

25

75

0

0

0

Cincinnati Asphalt Corporation - Cleves, OH

9

68

12

6

0

14

0

0

2

97

1

0

78

5

16

1

0

Daniel B. Krieg, Inc. - Harrisburg, PA

87

51

15

1

0

5

28

58

25

17

0

0

71

19

7

3

0

Dominion Paving & Sealing - Purcellville, VA

38

56

7

3

0

25

9

0

40

60

0

0

30

5

65

0

0

Sponsored by

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June/July 2020 • Pavement Maintenance & Reconstruction • www.ForConstructionPros.com/Pavement

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