LJB Inc. Company Profile
Background
Overview
Founded in 1966, LJB Inc. is a national engineering firm headquartered in Miamisburg, Ohio. The company specializes in civil and structural engineering, geospatial solutions, safety assessments, and environmental consulting. With a commitment to improving the quality of life for clients and communities, LJB Inc. serves clients across all 50 U.S. states and several countries. The firm's skilled staff holds professional engineering licenses in all 50 states, Washington, D.C., as well as several U.S. territories and Canadian provinces.
Mission and Vision
LJB Inc.'s core purpose is to improve the quality of life for clients, employees, and the communities they serve. This mission is guided by three fundamental core values:
- Integrity: Exhibiting integrity by delivering the best value.
- Quality: Ensuring quality and plan accuracy in all services.
- Service: Fulfilling the commitment to do "whatever it takes" to serve clients, teammates, and communities.
Key Strategic Focus
Core Objectives
LJB Inc. focuses on delivering innovative engineering solutions that enhance infrastructure, promote safety, and support environmental sustainability. The firm's strategic objectives include:
- Expanding service offerings through technology-based solutions.
- Pursuing growth via strategic acquisitions.
- Fostering organic growth in existing services, markets, and geographies.
Areas of Specialization
The company specializes in:
- Civil and Structural Engineering: Designing and maintaining infrastructure such as roads, bridges, and buildings.
- Geospatial Services: Providing surveying, GIS, and LiDAR solutions for project planning and implementation.
- Safety and Fall Protection: Offering safety assessments and fall protection consulting to ensure workplace safety.
- Environmental Consulting: Ensuring compliance with environmental regulations and promoting sustainability.
Key Technologies Utilized
LJB Inc. employs advanced technologies, including:
- Geospatial data collection tools such as LiDAR and UAVs.
- Environmental monitoring equipment for compliance assessments.
- Structural analysis software for designing and evaluating infrastructure.
Primary Markets Targeted
The firm serves various sectors, including:
- Commercial: Retail and office developments.
- Education: Design and construction of educational facilities.
- Federal and State Government: Infrastructure projects and safety assessments.
- Healthcare: Medical facility design and environmental consulting.
- Industrial/Manufacturing: Facility design and safety solutions.
Financials and Funding
Funding History
LJB Inc. is a privately held, employee-owned company. Specific details regarding total funds raised and recent funding rounds are not publicly disclosed. The company has experienced consistent growth, with revenue increasing from $41.7 million in 2022 to $57.6 million in 2023, moving up 65 spots to #350 on the 2024 Engineering News Record (ENR) list of Top 500 Design Firms.
Utilization of Capital
The capital is utilized for:
- Expanding service offerings through technology-based solutions.
- Pursuing growth via strategic acquisitions.
- Fostering organic growth in existing services, markets, and geographies.
Pipeline Development
Key Projects and Milestones
LJB Inc. has been involved in several notable projects, including:
- Tilt-Up Concrete Projects: The structural team has earned multiple Tilt-Up Concrete Association Achievement Awards, maintaining the firm's position as a leader in the tilt-up industry.
- Acquisitions: In January 2019, LJB Inc. acquired Evans/Griffin, a civil engineering and surveying firm, expanding its geospatial and site design services in the Louisville/Jefferson County Metro area.
Anticipated Milestones
The company continues to focus on:
- Expanding its national presence through strategic acquisitions.
- Enhancing service offerings with technology-based solutions.
- Achieving further growth in existing services, markets, and geographies.
Technological Platform and Innovation
Proprietary Technologies
LJB Inc. utilizes proprietary technologies in:
- Fall Protection: Developing and implementing safety systems to protect workers at heights.
- Geospatial Services: Integrating traditional and UAS survey, photogrammetry, GIS, and LiDAR into turnkey solutions for project planning, management, and implementation.
Significant Scientific Methods
The firm employs:
- Structural Analysis: Utilizing advanced software for designing and evaluating infrastructure.
- Environmental Monitoring: Conducting assessments to ensure compliance with environmental regulations.
- Geospatial Data Collection: Employing LiDAR and UAVs for accurate data acquisition.
Leadership Team
Executive Profiles
- Rod Sommer: CEO since 2014, with over 22 years of management experience in the engineering and architectural consulting industry.
- Mark Thompson: Former CEO who served from 2000 to 2014, now serving as a business advisor with Aileron.
Competitor Profile
Market Insights and Dynamics
The engineering consulting industry is characterized by a diverse range of firms offering services in civil and structural engineering, geospatial solutions, and environmental consulting. The market is competitive, with firms striving to differentiate through technological innovation, service quality, and geographic reach.
Competitor Analysis
Key competitors include:
- RETTEW: A privately held firm specializing in engineering, environmental, and surveying services.
- Lochner: A privately held firm offering engineering and planning services.
- OpenScope Studio: A privately held firm providing architecture and planning services.
- Bonisch: A privately held firm specializing in engineering and consulting services.
Strategic Collaborations and Partnerships
LJB Inc. has expanded its capabilities through strategic acquisitions, such as the purchase of Evans/Griffin in 2019, enhancing its geospatial and site design services in the Louisville/Jefferson County Metro area.
Operational Insights
LJB Inc. differentiates itself through:
- Comprehensive Service Offerings: Providing a wide range of engineering and consulting services under one roof.
- Technological Innovation: Utilizing advanced technologies in geospatial data collection and environmental monitoring.
- National Presence: Serving clients across all 50 U.S. states and several countries.
Strategic Opportunities and Future Directions
Strategic Roadmap
LJB Inc. aims to:
- Expand its national presence through strategic acquisitions.
- Enhance service offerings with technology-based solutions.
- Achieve further growth in existing services, markets, and geographies.
Future Business Directions
The company is focusing on:
- Diversifying service offerings to meet evolving client needs.
- Investing in sustainable and innovative engineering solutions.
- Strengthening partnerships and collaborations to expand market reach.