Comprehensive Market Research Report
TL Wallace Construction
Website: [TL Wallace Construction](https://tlwallace.com/)
Industry: Construction
Headquarters: Columbia, MS
Company Size: 501-1,000 employees
Address: 4025 MS-35, Columbia, MS 39429
Contact Number: 601-736-4525
Overview
TL Wallace Construction is a seasoned entity in the construction domain, boasting over fifty years of dynamic service evolution from a small paving company in the 1960s to a versatile provider for monumental construction endeavors throughout the Southern United States and beyond. Its specialized services include heavy civil projects like highway, bridge, and infrastructure undertakings, alongside offerings in railroad services, utilities, vertical commercial constructions, and telecommunications.
Financial and Operational Insights
TL Wallace Construction reportedly generates an estimated annual revenue of $50.4 million with a staff complement around 158 employees, establishing a revenue per employee of approximately $319,000. Demonstrating a stable growth trajectory, the firm has seen a 3% increase in its workforce over the past year, underscoring its robust financial health essential for undertaking large-scale projects. The acquisition by Duff Capital Investors in 2013 has significantly bolstered TL Wallace's resources and capabilities, enabling proficient execution of complex, large-scale construction projects.
Strategic Positioning and Capabilities
Rooted in foundational principles of hard work and customer loyalty, TL Wallace Construction emphasizes cost-effective, design-build strategies. Its strategic alignment with Duff Capital Investors fortifies project execution capabilities, gleaning resources from affiliated companies for amplified confidence in tackling complex projects. TL Wallace's dedication to flexibility and customer responsiveness sustains its capacity to deliver multimillion-dollar projects, while exploring expansion beyond traditional southern domains and advancing in infrastructural developments.
Key Personnel and Leadership Structure
- Doug F. Blackwell - _President_
- Lee Southwell - _Chief Financial Officer_
- Joey Reagan - _Head of Gas, Utilities, & Sewer Division_ | Direct Line: 1118
- David Clark - _Head of Heavy Civil Division_ | Direct Line: 1140
- Derek Peoples - _Head of Safety Division_ | Direct Line: 1142
- Josh Grant - _Head of Commercial Division_ | Direct Line: 1124
- Hunter Dunaway - _Head of Utility Division / Project Manager_
- Tracy Bedwell - _Head of Mapping and Civil Engineer_
- Jamie Keith - _Operations Manager for Gas / Gas Division Operations Manager_
- Derek Carter - _Operations Manager for Heavy Civil_
- Scott Thompson - _Head of Concrete Division_ | Direct Line: 2105
- Jerry Kilpatrick - _Head of Telecommunications_ | Direct Line: 2105
- David Skinner - _Project Manager_
- Karen Burris - _Construction Operations Manager_
- Randall Love - _Senior Construction Manager_
- Jacob Herrick - _Estimator/Project Manager_
- Dylan Reid - _OQ Manager/Project Manager_
- Nathan Ackerman - _Project Manager_
- Andrew Gray - _Project Manager - Vertical Commercial/Architectural_
- Kevin Lockwood - _Accountant_
The personnel structure reflects a solid organizational commitment delivering robust oversight across a diverse portfolio of operations, ensuring readiness for industry challenges and opportunities.
Competitive Landscape
TL Wallace Construction stands against competitors such as:
- Roy Anderson Corp - Revenue: $642.3 million
- Ivey Mechanical Company - Revenue: $184.5 million
- Dunn Roadbuilders, LLC - Revenue: $18.8 million
These competitors represent varied sizes and scope, with Roy Anderson Corp highlighting a formidable market presence due to its substantial revenue figures.
Recent Developments
Recent project engagements including preparation for the Columbia Sportsplex and a forthcoming reseal project, underscore TL Wallace's active involvement in regional infrastructural undertakings, perpetuating forward momentum in operations.
Social Media Presence
- LinkedIn: [T.L. Wallace Construction, Inc.](https://www.linkedin.com/company/t-l-wallace-construction-inc-)
- Facebook: [TL Wallace Construction](https://www.facebook.com/TLWallaceConstruction/)
These platforms are utilized to underscore the firm's cultural ethos and operational environment, fostering crucial interaction points for potential partnerships and market insight acquisition.