Cash Construction Company, Inc., a MasTec Company

Background

Overview

Established in the 1970s and incorporated in Texas, Cash Construction Company, Inc. is a leading firm in the civil and infrastructure construction industry. The company specializes in a diverse range of services, including water and wastewater utilities, drainage improvements, lift stations, pump stations, dry utilities, and roadwork. With a substantial fleet of equipment owned and maintained by Cash Construction, the company is well-equipped to self-perform nearly all contractual obligations.

Mission and Vision

Cash Construction's mission is to build with excellence every day, emphasizing safety, quality, and exceptional customer service. The company is committed to exceeding client expectations and delivering projects safely, on time, and with the highest level of quality.

Industry Significance

As a subsidiary of MasTec, Inc., Cash Construction benefits from the resources and capabilities of a leading infrastructure construction company. MasTec's Clean Energy and Infrastructure Group, which includes Cash Construction, generates over $4 billion in annual revenue, providing construction services across industrial, renewable energy, and infrastructure sectors.

Key Strategic Focus

Core Objectives

Cash Construction aims to deliver high-quality construction services with a focus on safety, efficiency, and customer satisfaction. The company strives to maintain a strong presence in the civil and infrastructure construction market, leveraging its expertise to undertake complex projects.

Areas of Specialization

Water and Wastewater Utilities: Design and construction of water and sewer systems.

Drainage Improvements: Enhancement of drainage systems to prevent flooding and water damage.

Lift and Pump Stations: Installation and maintenance of facilities for lifting and pumping water or sewage.

Dry Utilities: Construction of electrical, gas, and communication lines.

Roadwork: Development and rehabilitation of roadways and related infrastructure.

Key Technologies Utilized

Cash Construction employs advanced construction technologies and methodologies to ensure project efficiency and quality. The company utilizes a large fleet of equipment, owned and maintained in-house, to self-perform a significant portion of its work.

Primary Markets Targeted

The company primarily serves local municipalities, counties, the Texas Department of Transportation, private developers, and various other entities within the central Texas area.

Financials and Funding

Funding History

Specific details regarding Cash Construction's funding history are not publicly disclosed. As a subsidiary of MasTec, Inc., Cash Construction benefits from the financial strength and resources of its parent company.

Recent Funding Rounds

There is no publicly available information regarding recent funding rounds for Cash Construction.

Notable Investors

As a wholly owned subsidiary of MasTec, Inc., Cash Construction's primary investor is MasTec, a publicly traded company.

Utilization of Capital

While specific details on capital utilization are not publicly disclosed, Cash Construction invests in equipment, technology, and personnel to maintain its competitive edge and deliver high-quality projects.

Pipeline Development

Key Pipeline Candidates

Cash Construction's project portfolio includes a variety of infrastructure projects, such as water and wastewater utilities, drainage improvements, lift stations, pump stations, dry utilities, and roadwork. The company also engages in renewable energy projects, including wind and solar farms.

Stages of Development

The company undertakes projects from initial planning and design through construction and maintenance, ensuring comprehensive service delivery.

Target Conditions

Cash Construction focuses on infrastructure projects that require specialized construction services, including utilities, drainage systems, and renewable energy facilities.

Anticipated Milestones

Specific project timelines and milestones are determined on a per-project basis, with the company emphasizing timely and efficient project completion.

Technological Platform and Innovation

Proprietary Technologies

Cash Construction utilizes a large fleet of equipment, owned and maintained in-house, to self-perform a significant portion of its work.

Significant Scientific Methods

The company employs advanced construction methodologies and technologies to ensure project efficiency and quality.

AI-Driven Capabilities

There is no publicly available information indicating the use of AI-driven capabilities by Cash Construction.

Leadership Team

Key Executives

Jose Mas: CEO of MasTec, Inc., the parent company of Cash Construction.

Robert Apple: COO of MasTec, Inc.

C. Robert Campbell: Executive Vice President and CFO of MasTec, Inc.

Alberto de Cardenas: Executive Vice President and General Counsel of MasTec, Inc.

Professional Backgrounds

Jose Mas: Appointed CEO of MasTec in 2007, overseeing the company's strategic direction and operations.

Robert Apple: Served as COO since 2006, with prior experience as group president for MasTec's energy service operations.

C. Robert Campbell: Executive Vice President and CFO since October 2004, responsible for financial strategy and operations.

Alberto de Cardenas: Executive Vice President and General Counsel since 2005, overseeing corporate and operational legal matters.

Contributions to the Company

As a subsidiary, Cash Construction benefits from the leadership and strategic direction provided by MasTec's executive team.

Competitor Profile

Market Insights and Dynamics

The civil and infrastructure construction industry is characterized by a diverse range of projects, including utilities, drainage systems, roadwork, and renewable energy facilities. The market is competitive, with companies vying for contracts from municipalities, private developers, and other entities.

Competitor Analysis

Key competitors in the industry include:

Wanzek Construction: A subsidiary of MasTec, specializing in heavy/civil and concrete construction projects, including renewable energy facilities.

Casey Industrial: A heavy industrial general contractor with experience in power generation, minerals processing, and chemicals.

American Civil Constructors West Coast: Specializes in heavy civil construction, focusing on transportation infrastructure.

Strategic Collaborations and Partnerships

As part of MasTec's Clean Energy and Infrastructure Group, Cash Construction benefits from strategic collaborations and partnerships that enhance its market position and innovation capacity.

Operational Insights

Cash Construction's focus on self-performing a significant portion of its work provides a competitive advantage in terms of quality control and project efficiency.

Strategic Opportunities and Future Directions

The company's involvement in renewable energy projects, such as wind and solar farms, positions it to capitalize on the growing demand for sustainable infrastructure. Leveraging MasTec's resources and expertise, Cash Construction can pursue larger and more complex projects in the water and utilities sectors.