Posillico Civil, Inc. Company Profile

Background

Overview

Posillico Civil, Inc. is a family-owned civil construction firm established in 1946, renowned for its commitment to quality and performance in public works projects. Over the decades, the company has expanded its operations across the New York Tri-State area, Texas, Florida, and the Mid-Atlantic region, solidifying its position as a leading contractor in the civil construction industry.

Mission and Vision

Posillico's mission is to set the standard for excellence in the construction industry by enhancing infrastructure, improving quality of life, and fostering innovation through solid relationships at all levels. The company's vision is to be the employer and organization of choice in each of the markets it serves.

Primary Area of Focus

The company specializes in heavy civil construction, encompassing services such as bridge and highway construction, wastewater treatment, environmental remediation, drilling, utilities, and foundation construction. Posillico is recognized for its ability to self-perform the majority of belowground work, providing cost-effective solutions for complex projects.

Industry Significance

With over 75 years in the industry, Posillico has built a reputation for handling large and complex civil engineering projects, often requiring off-peak construction during nighttime hours. The company's integrated services have allowed it to provide seamless, cost-effective construction solutions to multilayered problems, making it a leader in public works projects.

Key Strategic Focus

Core Objectives

Excellence in Construction: Delivering high-quality infrastructure projects that meet client expectations and industry standards.

Innovation: Implementing innovative solutions to address complex construction challenges.

Safety: Maintaining a strong safety culture to ensure the well-being of employees and stakeholders.

Specific Areas of Specialization

Design-Build Services: Offering comprehensive design-build services for infrastructure projects, integrating design and construction phases for efficiency.

Environmental Remediation: Providing environmental remediation, soil excavation, washing, cleaning, and disposal services in New York and New Jersey.

Paving Services: Specializing in asphalt paving, concrete, and road resurfacing services in New York.

Utility Services: Offering utility services for electrical and natural gas infrastructure, transmission, and distribution in New York and Long Island.

Wastewater Treatment: Engaging in wastewater treatment plant construction and upgrades in Long Island.

Key Technologies Utilized

Posillico employs advanced technologies such as HeavyBid for project management, HCSS for construction management, and iCIMS for talent acquisition, demonstrating a focus on process optimization and modern project management.

Primary Markets Targeted

The company primarily serves the New York Tri-State area, Texas, Florida, and the Mid-Atlantic region, focusing on public works projects that require complex civil engineering solutions.

Financials and Funding

Funding History

As a privately held company, Posillico Civil, Inc. has not publicly disclosed detailed financial information or funding history.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly available.

Notable Investors

Information about individual investors is not publicly disclosed.

Utilization of Capital

The company has utilized capital to expand its operations, enhance technological capabilities, and acquire complementary businesses, such as the acquisition of Martins Construction Corp. in June 2022.

Pipeline Development

Key Pipeline Candidates

Posillico is involved in various ongoing projects, including:

Tilcon Port Jefferson Bulkhead Removal and Dredging: Port Jefferson, NY; March 2022 – March 2023; Contract Value: $253,255.

National Grid Fulton NAPL Barrier Wall: Brooklyn, NY; 2019 to 2021.

Beach 79th Street – Remedial Excavation: Queens, NY; May 2023 - June 2024; Contract Value: $3.99 Million.

Stages of Development

The company is engaged in various stages of project development, from design and planning to execution and completion, across multiple ongoing projects.

Target Conditions

Posillico addresses complex civil engineering challenges, including infrastructure rehabilitation, environmental remediation, and utility construction.

Anticipated Milestones

Specific timelines for anticipated milestones are project-dependent and are outlined in individual project plans.

Technological Platform and Innovation

Proprietary Technologies

Posillico has developed proprietary technologies in environmental remediation, including advanced soil washing facilities, to support sustainability efforts.

Significant Scientific Methods

Environmental Remediation: Utilizing advanced soil washing techniques to treat contaminated soil and reduce landfill waste.

Design-Build Approach: Implementing a design-build methodology to streamline project delivery and enhance efficiency.

AI-Driven Capabilities

While specific AI-driven capabilities are not detailed, the company's adoption of advanced project management tools suggests a commitment to integrating innovative technologies.

Leadership Team

Key Executives

Joseph K. Posillico: President/CEO; leads the company's strategic direction and operations.

Daniel Borriello: Vice President, General Counsel; brings over two decades of experience in construction law and commercial transactions.

Lee Kaplan: Division Manager, Texas Operations; oversees operations in Texas, leveraging over 20 years of construction management and engineering experience.

Leadership Changes

In June 2022, Posillico acquired Martins Construction Corp., integrating its leadership team and expanding its operations in the Mid-Atlantic region.

Competitor Profile

Market Insights and Dynamics

The civil construction industry is experiencing growth due to increased infrastructure spending, presenting opportunities for established firms like Posillico to expand their market presence.

Competitor Analysis

Key competitors include Van Gelder, KPFF Consulting Engineers, Bohler Engineering, and Toniolo Busnello, each offering civil engineering services with varying specializations.

Strategic Collaborations and Partnerships

Posillico's acquisition of Martins Construction Corp. in June 2022 has strengthened its market position and expanded its capabilities in the Mid-Atlantic region.

Operational Insights

Posillico's ability to self-perform the majority of belowground work provides a distinct advantage in controlling costs and meeting challenging schedules, differentiating it from competitors.

Strategic Opportunities and Future Directions

Strategic Roadmap

Posillico aims to continue expanding its operations nationally, leveraging its expertise in complex civil engineering projects to secure large-scale infrastructure contracts.

Future Business Directions

The company plans to enhance its technological capabilities, integrate innovative construction methods, and explore new markets to sustain growth and maintain industry leadership.

Opportunities for Expansion

Opportunities exist in the growing infrastructure sector, particularly in regions where Posillico has established a presence, such as the Mid-Atlantic and Texas.

Positioning for Future Objectives

Posillico's commitment to quality, innovation, and safety positions it well to achieve future objectives and capitalize on emerging opportunities in the construction industry.