Centennial Moisture Control, Inc. Company Profile
Background
Founded in 1986, Centennial Moisture Control, Inc. specializes in waterproofing services within the construction industry. The company is headquartered in Irving, Texas, and has been a key player in moisture control solutions for nearly four decades. Their mission focuses on delivering high-quality waterproofing services to protect and enhance the longevity of structures.
Key Strategic Focus
Centennial Moisture Control concentrates on providing comprehensive waterproofing services, including basement waterproofing, deck waterproofing, and roof waterproofing. Their expertise extends to moisture control, glass replacement, caulking, deck coatings, foam and epoxy injection, wall coatings and repellents, expansion joints, vehicular and pedestrian deck coatings, concrete and masonry repair, elastomeric wall coatings, weep and flashing systems repair, skylights, wet seal, glass replacement, structural glazing, and caulking. The company primarily serves the commercial and residential construction sectors, aiming to address moisture-related challenges in various building types.
Financials and Funding
As of 2021, Centennial Moisture Control reported an annual revenue of approximately $30 million. The company has raised a total of $2.4 million in funding over two rounds. These funds have been utilized to expand service offerings and enhance operational capabilities.
Pipeline Development
Centennial Moisture Control has a history of undertaking significant projects, including structural concrete repairs and glass replacement on commercial buildings. Notable projects include work at 125 E John W Carpenter Fwy in Irving, Texas, and 1101 Music Ln in Austin, Texas. The company continues to focus on expanding its project portfolio within the commercial construction sector.
Technological Platform and Innovation
The company employs advanced waterproofing technologies and methodologies to ensure effective moisture control. Their services encompass a range of specialized techniques, including foam and epoxy injection, elastomeric wall coatings, and structural glazing. These proprietary methods set them apart in the industry by providing comprehensive solutions tailored to client needs.
Leadership Team
Joseph C. Tamer serves as the President of Centennial Moisture Control, Inc. Under his leadership, the company has expanded its service offerings and solidified its position in the waterproofing industry.
Leadership Changes
There have been no recent significant changes or appointments within the company's leadership team.
Competitor Profile
Market Insights and Dynamics
The waterproofing industry is a critical segment of the construction sector, addressing the need for moisture control in buildings to prevent structural damage and health hazards. The market is characterized by steady demand, driven by new construction projects and the maintenance of existing structures.
Competitor Analysis
Centennial Moisture Control faces competition from several companies offering similar services:
- Sunbelt Building Services: With 202 employees and a revenue of $4.4 million, they provide waterproofing and related services.
- Urban Waterproofing: Employing 170 individuals and generating $6.8 million in revenue, they specialize in waterproofing solutions.
- C&M Restoration: A smaller competitor with 28 employees and $9.8 million in revenue, focusing on restoration and waterproofing services.
- Acme Waterproofing: With 65 employees and $7.1 million in revenue, they offer comprehensive waterproofing services.
- Southeast Restoration & Fireproofing: Employing 64 people and generating $13.5 million in revenue, they provide restoration and fireproofing services.
These competitors vary in size and service offerings, contributing to a dynamic and competitive market landscape.
Strategic Collaborations and Partnerships
Centennial Moisture Control has collaborated with various general contractors on multiple projects, including:
- Manhattan Construction Group
- DPR Construction
- Balfour Beatty
- Linbeck
- ANDRES Construction
These partnerships have enabled the company to participate in significant construction projects, enhancing its market presence.
Operational Insights
The company has demonstrated a strong operational capacity, completing numerous projects across Texas and Louisiana. However, there have been instances of reported slow payments on some projects, indicating areas for operational improvement.
Strategic Opportunities and Future Directions
Centennial Moisture Control is positioned to leverage its extensive experience and comprehensive service offerings to expand into new markets and sectors. By adopting innovative waterproofing technologies and strengthening strategic partnerships, the company can enhance its competitive edge and address evolving client needs.
Contact Information
- Website: centennialmc.com
This profile provides an overview of Centennial Moisture Control, Inc., highlighting its strategic focus, financials, leadership, and market position within the waterproofing industry.
