Overview
Fletco Construction, formerly Fletco Services, is a leading entity in the General Contracting industry, operating chiefly in Central and West Texas. Established in 2009, the company is based in Fredericksburg, Texas, with additional operations in Midland, Texas. Renowned for its high-quality construction services, Fletco Construction serves various sectors, including commercial, industrial, retail, and government, underpinned by its commitment to excellence, honesty, and community building.
Key Details
- Industry: Construction
- Established: 2009
- Type: Partnership
- Principal Locations:
- Fredericksburg: 103 Industrial Loop, Suite 1100, Fredericksburg, TX 78624
- Midland: 12305 Tower, Midland, TX 79707
- Employees: 11-50
- Specialties:
- Commercial, Industrial, and Government Construction
- Design-Build and Construction Management
- Renovation Contracting
- Multi-Family Housing and Office Building Construction
Leadership
The company is spearheaded by Fletch Smith, the Chief Executive Officer, who co-founded the company with Taryn Smith, the Chief Financial Officer. The leadership champions a customer-focused philosophy, striving for creation of significant spaces and enduring partnerships.
Leadership Profiles
- Fletch Smith
- Role: Chief Executive Officer
- Expertise: Comprehensive management skills encompassing project stages such as planning, scheduling, estimating, design, permitting, quality control, delivery, and installation.
Recent Projects and Initiatives
Fletco Construction's project portfolio highlights their dedication to quality and community development. Key projects include:
- Loving County Fire Station: Near completion of Phase 1 vapor barrier installation, with underground work ongoing.
- Meals on Wheels Commissary in Winkler County: Approaching operational readiness, enhancing local service capacity.
- Little Hearts Child Development Center: Completion of final punch lists, serving the Fredericksburg community.
Corporate Culture and Challenges
Despite feedback highlighting a challenging work environment marked by work overload and lack of accountability, Fletco Construction remains devoted to employee well-being. The company offers competitive salaries, health insurance, paid time off, and 401K matching, emphasized in their recruitment efforts.
Market Presence and Community Involvement
Fletco Construction maintains an active social media presence, engaging with their community and promoting their projects and values. Their social responsibility initiatives, such as Fletco Gives Back, focus on supporting local communities, especially during the holiday season.
Competitor Overview
Competitor Highlights
Jacobs
- Business Focus: Jacobs excels in engineering, design, procurement, construction, and maintenance services, with an emphasis on technology and scientific consulting.
- Global Presence: Jacobs, employing over 55,000 people across 40 countries, reported $14 billion in revenue, demonstrating significant market influence.
- Core Values: Integrity, continual improvement, inclusion, and sustainable practices guide their operations, aligning with global environmental goals.
- Innovations: Committed to achieving net-zero greenhouse gas emissions by 2040, Jacobs leads in sustainable engineering solutions.
Kiewit Corporation
- Industry Position: Acknowledged as one of North America’s largest construction and engineering entities, often ranked highly in industry reports.
- Employee Base: Employing approximately 25,000, known for executing complex projects across power, mining, oil & gas, and infrastructure sectors.
- Ethical Operations: Committed to safety and quality, with nearly ten times better safety performance than industry averages.
- Legacy and Values: Founded in 1884, upholding values of people, integrity, excellence, and stewardship, maintaining high ethical standards.
PCL Construction
- Market Scope: Employee-owned independent construction companies operating in Canada, USA, Australia, and the Caribbean, managing over $7 billion USD annually.
- Core Strengths: Emphasizes innovation, corporate social responsibility, and sustainability, with a focus on integrating sustainable practices.
- Employee Ownership: As 100% employee-owned, fosters a culture of personal investment that translates to high performance and quality in construction management.
Strategic Implications for Fletco Construction
To remain competitive, Fletco Construction could adopt strategic insights from these industry leaders, particularly in areas of sustainability, employee engagement, and technological innovation. Exploiting niche markets or specializing in unique construction services could also yield competitive advantages, helping Fletco align its offerings with market demands and enhance its competitive stance.
