Water, Sewer, Pipeline, Comm & Power Line Construction

Companies under SIC 1623 build and maintain water mains, sewer systems, storm drainage, natural gas and oil pipelines, and overhead or underground communication and power lines for municipalities, utilities, industrial campuses, and large developers. Typical customers include city public works departments, investor-owned utilities, data center operators, renewable energy projects, and master-planned community builders seeking turnkey civil and utility infrastructure. Operators face heavy capital intensity, labor shortages, right-of-way disputes, and strict environmental and safety oversight from EPA, OSHA, PHMSA, and state utility commissions. In 2024-2025, demand is shaped by federal infrastructure funding, grid hardening for wildfire and storm resilience, accelerated broadband and fiber rollout, water reuse projects in drought regions, and pipeline integrity programs driven by methane leak reduction goals. Contractors are adopting trenchless technologies, GIS-based asset management, and prefabricated modules to shorten timelines and control costs. For deeper insights, view live SEC filings on Earnings Feed.

Source: Earnings Feed research · last fetched 11/23/2025