Arcosa, Inc. (NYSE: ACA)

Arcosa, Inc. is a Dallas Texas based provider of infrastructure related products and solutions. The company serves construction engineered structures and transportation markets across North America. It operates as a Delaware corporation incorporated in 2018 and draws on decades of reputation for quality service and operational excellence from its legacy businesses. Arcosa focuses on organic growth and disciplined acquisitions to capitalize on fragmented industries such as aggregates steel components and barge manufacturing. Its headquarters are located at 500 North Akard Street Suite 400 Dallas Texas 75201.

Revenue is generated through the sale of natural and recycled aggregates specialty materials asphalt mix and construction site support equipment. The company also earns income from manufacturing steel and concrete structures for utilities wind power traffic lighting and telecommunications. Additionally revenue comes from producing inland barges fiberglass barge covers winches and marine hardware. Customers include contractors utilities manufacturers and government agencies that purchase these products for infrastructure projects. Sales are made directly through the companys own sales force and through independent representatives and distributors.

The company operates through the following segments: Construction Products Engineered Structures and Transportation Products.

• The Construction Products segment produces and sells natural aggregates recycled aggregates specialty materials asphalt mix and construction site support equipment. Natural aggregates include sand gravel crushed stone and stabilized material sourced from open pit quarries and one underground mine in Texas New Jersey and eight other states. Recycled aggregates are made by crushing concrete reclaimed from demolished highways buildings and other structures and are sold as road base erosion control backfill and reclaimed asphalt pavement. Specialty materials cover lightweight aggregates milled shale clay limestone gypsum and related products used in structural lightweight concrete masonry block plasters flooring agricultural fertilizers paints glass and food ingredients. Asphalt mix is produced mainly in New Jersey after the acquisition of Stavola and is sold to external customers and to the companys own paving operations. Construction site support equipment consists of trench shields and shoring products used for water sewer utility oil and gas pipeline and other underground applications. The segment also offers portable crushing services at job sites allowing material to be reused onsite which reduces transportation costs for customers.

• The Engineered Structures segment manufactures and sells steel and concrete structures for utility traffic lighting and telecommunications markets. Utility structures include tapered steel sub station structures and pre stressed concrete poles for electricity transmission distribution lighting and traffic. Wind towers are produced in three plants located in wind rich regions including a new facility in New Mexico that began deliveries in mid 2024. Traffic and lighting structures consist of steel and concrete poles for highways bridges and municipal projects. Telecommunication structures comprise self supporting lattice monopole and guyed towers made at a plant in Oklahoma. The segment serves electricity transmission distribution wind power generation highway construction and wireless communication networks. It benefits from long term supply contracts with major utilities and from a diversified product line that reduces reliance on any single market.

• The Transportation Products segment focuses on the manufacture of inland barges fiberglass barge covers winches and marine hardware. It builds hopper tank deck and specialty barges that transport dry commodities such as grain coal aggregates and liquids including refined products chemicals and petroleum. Fiberglass reinforced lift covers are used primarily on grain barges to protect cargo. Winches and deck hardware including hatches castings and other components support towing docking and loading operations. The segment benefits from a long replacement cycle for the aging inland barge fleet and maintains a leading market share in U. S. inland barge manufacturing. Its facilities are located along major inland river systems enabling rapid delivery to customers along the Mississippi Ohio and Illinois rivers.

Arcosa holds a strong position in North American infrastructure markets due to its integrated scale across aggregates specialty materials asphalt and construction support. In the Construction Products segment it ranks among the largest producers of natural and recycled aggregates with a strategic presence in Texas New Jersey and other states giving it a cost advantage from nearby reserves. The Engineered Structures segment competes with domestic and foreign manufacturers of utility structures wind towers traffic poles and telecom towers but benefits from long term supply contracts and a diversified product line that serves multiple end markets. The Transportation Products segment enjoys a leading share of the U. S. inland barge market and faces competition from a few other builders but leverages its river side facilities for quick delivery. Competitive advantages include extensive mineral reserves long term customer relationships and a geographic footprint that reduces transportation costs for heavy bulk products. The company also invests in sustainability initiatives such as increasing the use of recycled aggregates which lowers environmental impact and meets growing demand for greener construction materials.

The company serves a diverse set of customers including concrete and asphalt producers commercial residential highway and general contractors manufacturers of masonry and building products state and local governments public and private utilities wind turbine producers and commercial marine transportation companies. Specific customers disclosed in the filing include GE Vernova Inc which accounted for a notable share of Engineered Structures segment revenue. Other customers are not named individually but are described by industry group. The firm also supplies aggregates to ready mix concrete producers and asphalt plants that rely on its material for road and highway projects. In the utilities sector it provides steel poles and concrete structures to transmission and distribution companies that are upgrading the grid to support renewable energy integration.