The Weitz Company: Comprehensive Market Research Report
Background
Overview
Founded in 1855, The Weitz Company is a full-service construction firm offering general contracting, design-build, and construction management services across the United States. As the sixth oldest architectural, engineering, and construction (AEC) firm in the U.S., Weitz has built a reputation for delivering innovative and reliable construction solutions. The company is headquartered in Des Moines, Iowa, and operates offices in multiple states, including Arizona, Colorado, Florida, Hawaii, Kansas, and Nebraska.
Mission and Vision
Weitz's mission is to "Build a Better Way," emphasizing a commitment to safety, integrity, and innovation in all its projects. The company aims to provide clients with predictable, reliable, and collaborative services, ensuring high standards in every aspect of construction.
Primary Area of Focus
Weitz specializes in commercial, industrial, aviation, and mission-critical construction sectors. The company has extensive experience in building complex facilities, including data centers, airports, and industrial plants, catering to a diverse clientele across various industries.
Industry Significance
As one of the oldest continuously operating AEC firms in the U.S., Weitz holds a significant position in the construction industry. Its longevity and consistent performance have earned it a reputation for reliability and excellence, contributing to its ranking among the top contractors in the nation.
Key Strategic Focus
Core Objectives
Weitz focuses on delivering high-quality construction services through a client-centric approach, emphasizing safety, integrity, and innovation. The company aims to build long-term relationships with clients, with over 75% of its business derived from repeat clients, reflecting strong client loyalty and satisfaction.
Specific Areas of Specialization
- Commercial Construction: From large, complex projects to small tenant improvements, Weitz delivers superior quality in commercial construction.
- Mission Critical Facilities: Dedicated experts skilled in building specialized facilities of the future, including data centers and other critical infrastructure.
- Industrial Construction: Over 50 years of experience in transforming ideas into reality for industrial projects.
- Aviation Construction: With over 40 years of experience, Weitz delivers innovative solutions for airport expansion, renovation, and new builds.
Key Technologies Utilized
Weitz integrates advanced project management and construction technologies to enhance efficiency and project outcomes. The company utilizes tools such as Prolog® software for project control, which helps manage costs, reduce risks, and increase profitability.
Primary Markets Targeted
Weitz serves clients across various sectors, including commercial, industrial, aviation, and mission-critical facilities. The company's diverse expertise enables it to deliver tailored solutions for a wide range of large-scale and complex projects.
Financials and Funding
Funding History
Weitz has experienced significant growth over the years, expanding from a $250 million general contractor to a $1 billion industry leader in the mid-2000s. In December 2012, the company was acquired by Orascom Construction PLC, a global engineering and construction contractor, positioning Weitz for further growth and construction opportunities both nationally and internationally.
Total Funds Raised
Specific details regarding the total funds raised by Weitz are not publicly disclosed.
Notable Investors
In 2012, Weitz was acquired by Orascom Construction PLC, a global industry leader with a robust international portfolio. This acquisition has provided Weitz with access to Orascom's international expertise and innovative strategies, enhancing its capabilities in delivering premier results to clients across market sectors.
Intended Utilization of Capital
The capital from the acquisition by Orascom Construction PLC has been utilized to expand Weitz's operations, enhance its technological capabilities, and undertake large-scale projects across various sectors, including industrial, commercial, and mission-critical facilities.
Pipeline Development
Key Pipeline Candidates
Weitz is involved in several significant projects, including:
- Electric Hydrogen's HYPRPlant: Weitz was selected as the engineering, procurement, and construction (EPC) partner for the installation of Electric Hydrogen's 100 megawatt (MW) HYPRPlant at Infinium's Roadrunner eFuels project in West Texas. This project is expected to be the world's largest eFuels facility, producing synthetic aviation fuel, diesel, and naphtha for aviation and heavy transport markets.
- Lighthouse Campus in Port Washington, Wisconsin: Weitz is collaborating with Vantage Data Centers on the construction of the Lighthouse campus, focusing on data center facilities. The project emphasizes community partnerships and economic development in the region.
Stages of Development
The projects mentioned are in various stages of development, with ongoing construction and planning phases. Specific timelines for anticipated milestones are not publicly disclosed.
Target Conditions
The projects target advancements in renewable energy infrastructure, data center facilities, and community development, aligning with Weitz's expertise in industrial and mission-critical construction.
Technological Platform and Innovation
Proprietary Technologies
Weitz utilizes advanced project management tools, such as Prolog® software, to enhance project control, manage costs, and reduce risks. This integration of technology ensures efficient project execution and high-quality outcomes.
Significant Scientific Methods
Weitz employs virtual design and construction (VDC) methodologies, including Building Information Modeling (BIM), to improve project planning, coordination, and execution. These methods facilitate collaboration among stakeholders and enhance the accuracy and efficiency of construction processes.
Leadership Team
Executive Profiles
- Kevin McClain: President & Chief Executive Officer. Kevin has been with Weitz for over 30 years, holding various leadership positions. Under his leadership, the company has expanded its operations and enhanced its market presence.
- Shane Bauer: Chief Operating Officer. Shane oversees the company's operations, ensuring efficient project execution and client satisfaction.
- Jim Wells: Executive Vice President, Business Development. Jim is responsible for driving business growth and establishing strategic partnerships.
- Ryan Lamb: Vice President, General Manager. Ryan manages day-to-day operations, focusing on project delivery and team performance.
- Karmyn Babcock: Executive Vice President, Strategy Execution. Karmyn leads strategic initiatives to align company goals with market opportunities.
- Krista Robinson: Vice President of Human Resources. Krista oversees talent management and organizational development.
- Aaron Anderson: Vice President of Safety. Aaron ensures adherence to safety standards and promotes a culture of safety within the company.
Leadership Changes
Recent strategic hires include:
- Chris Harrison: Hired as General Manager of Aviation in October 2025, Chris brings extensive experience in aviation construction to lead the company's aviation projects.
- Christian Green: Joined the Arizona office as Senior Business Development Manager in August 2025, focusing on expanding business opportunities in the region.
Competitor Profile
Market Insights and Dynamics
The construction industry is experiencing growth, driven by infrastructure development, technological advancements, and increasing demand for sustainable and efficient building solutions. Companies like Weitz are well-positioned to capitalize on these trends due to their extensive experience and diverse service offerings.
Competitor Analysis
Key competitors in the construction sector include:
- JE Dunn Construction: A national construction company offering services in various sectors, including commercial, industrial, and institutional projects.