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Quanta Services provides fully integrated contracting services for electric power, pipelines, industrial projects, and communications networks. It manages projects end-to-end with engineering, procurement and construction (EPC), field execution, environmental services, and program management delivered by a workforce of over 42,000 across the US and 15 other countries. The company distinguishes itself by its scale, nationwide and international reach, and deep pool of trained specialists who follow strict safety procedures to deliver complex infrastructure work, from transmission lines to fiber networks. Its goal is to be the safest and most capable specialty contractor, helping utilities and network operators build and maintain essential energy and communications infrastructure.
Industries
Consulting
Industrial & Manufacturing
Government & Public Sector
Energy
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1997
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Total Funding
$3.8B
Above
Industry Average
Funded Over
6 Rounds
Health Insurance
401(k) Company Match
Paid Vacation
Short & Long Term Disability
Employee Discounts
Two infrastructure-focused companies — Quanta Services and CRH — have earned "Perfect 10" ratings from TipRanks' Smart Score system, which evaluates stocks based on multiple factors historically linked to outperformance. Quanta Services provides specialised infrastructure solutions across energy and communications markets. The company recently expanded through acquisitions, purchasing Cupertino Electric for $1.54 billion and Dynamic Systems for $1.35 billion. In its second quarter, Quanta posted revenue of $9.6 billion, up 41% year-over-year, with earnings per share of $4.24. CRH supplies construction materials across North America and Europe, holding the top position in North American aggregates production. The company agreed to acquire Arcosa for $8.5 billion. CRH reported second-quarter revenue of $10.8 billion, up 6% year-over-year. Both stocks carry Strong Buy consensus ratings from Wall Street analysts.
LEDCO approves 3 incentive packages, including for 2 companies expanding to Longview. Published 5:43 am Saturday, August 29, 2026 The former Trinity Tank Car facility is seen in 2016 on Jordan Valley Road in Longview. Quanta Services plans to move into the empty site, creating 106 new full-time jobs. (Longview News-Journal File Photo) The Longview Economic Development Corp. has helped secure more than $324 million in capital investment and hundreds of jobs in the city through five projects this budget year. Three of those projects received approval for incentive packages Thursday from the LEDCO board. The largest of those projects would make use of the former site of Trinity Tank Car on Jordan Valley Road in a West Longview industrial district. Trinity closed that site about a year ago. Quanta Services, which is based in Houston, has plans to renovate the plant in a project that would bring about 106 new full-time jobs to Longview and make a capital investment of more than $75 million in that facility and equipment over the next three years. LEDCO reported it would become a "critical infrastructure manufacturing facility." Quanta provides "specialized infrastructure solutions to the utility, power generation, load center, communications, pipeline, and energy industries," information from LEDCO said. "We're excited to welcome Quanta Services to our community. Their reputation for delivering critical infrastructure solutions and investing in skilled talent aligns with our vision for sustainable economic growth," Wayne Mansfield, LEDCO's CEO and president, said in a statement. "We look forward to supporting their success and the opportunities they'll create for our citizens and business community." The former Trinity site consists of 217,00 square feet in several buildings. Mansfield said the jobs would have an average salary of about $70,000. The LEDCO board of directors agreed to provide the company a $1.5 million grant tied to the creation of jobs and capital investment in the plant. "The company is investing in our community, and we're investing in the company" to help Quanta be successful, Mansfield said. "We are proud to announce this significant investment in a new critical infrastructure facility in Longview," said Seth Gunsauls, president of supply chain solutions for Quanta, in a statement LEDCO provided. "As a Texas-headquartered company, Quanta understands the vital role resilient infrastructure plays in powering communities and driving economic growth across America. This project reflects our commitment to strengthening and diversifying our supply chain capabilities while creating high-quality jobs in the communities where we live and work. Together with our valued supplier network, the Longview facility will expand our capacity to serve the electric power, pipeline, industrial and communications markets as demand for reliable infrastructure continues to grow nationwide." WPC Services to create, retain jobs. The LEDCO board also voted to support an employment retention and expansion plan for local company WPC Services. The company's roots connect back to Rick Williams, now deceased, who founded Rick's Sign Co. in 1974 in Longview. Williams and his sons, Sloan and Slade Williams, established WPC - Williams Powder Coating - in 2008. WPC offers metal fabrication services, including laser cutting, welding, forming and powder coating. LEDCO awarded WPC a $100,000 grant to be paid over three years. The grant will be used to purchase new equipment that will lead to the retention of 43 jobs and creation of seven full-time new jobs. Those jobs have an average annual salary of $68,000, Mansfield said. Slade Williams, president, said the new equipment would allow the firm to "meet increasing product demands." He said the company is a supplier to several original equipment manufacturers in East Texas. "LEDCO prioritizes industry retention and expansion with the goals of retaining primary jobs and tax revenues, fostering growth and expansion and improving the manufacturing ecosystem of Longview," a statement from LEDCO said. "This agreement with WPC does not only that, but also encourages further B2B partnerships among local industries, strengthening the competitive foundation of Longview's business climate." "Industry retention and expansion projects are always meaningful to LEDCO as we work to prioritize and preserve the legacy of manufacturing in Longview," Mansfield said in his statement. "Our Business Retention and Expansion Program exists for this very reason, and we look forward to supporting WPC through their continued growth as they adapt to meet the needs of their customers." Slade Williams expressed gratitude to LEDCO for its support. "This partnership will help us bring a state-of-the-art, automated 24kW TRUMPF fiber laser into our operation, significantly increasing our production capacity, efficiency, and ability to serve our customers," he said in a statement. "Investments like this allow WPC to remain competitive, create quality jobs, and continue growing right here in Longview." WPC is located in a West Longview industrial area on Marshall Avenue. Robroy expanding to Longview. Robroy Industries is expanding its East Texas presence with plans to move into a vacant property in the Longview Business Park on Eastman Road. The manufacturing company specializes in the electrical products market, according to information provided by LEDCO. The company has two other locations in East Texas, in Gilmer and Avinger, that will continue to operate. Mansfield said the company will locate in the former Smurfit Kappa building inside the Longview Business Park. The building is about 110,000 square feet. He said he expects Robroy will move quickly to prepare the building. LEDCO agreed to award the company $375,000 to be paid over five years. The money will go toward making improvements to a storm water detention area that has eroded and to build a fire lane into the property to provide fire department access. The company is expected to create 65 jobs in Longview that pay on average $71,000 a year, Mansfield said. He said the company is expected to be operational by the end of January, with an expected $18 million capital investment in the next five years Robroy opened in Gilmer in 1962. "Robroy Industries' history is deeply rooted in excellence and innovation. Since 1905, they have continued to adapt and grow as industry leaders," Mansfield said in his statement. "LEDCO couldn't be more thrilled to welcome them to our Longview Business Park as they continue their tradition of excellence." "Robroy Industries has been part of the East Texas manufacturing community for decades, and this expansion represents an important next chapter in our growth," said Steve Voelzke, chief operating officer for Robroy Industries. "Our investment in Longview will expand our manufacturing capabilities, create new jobs and position us to better serve our customers for years to come. We appreciate LEDCO, city of Longview, and Harrison County for their partnership and for sharing our commitment to strengthening manufacturing in East Texas."
Former PSC Chairman Thompson becomes energy lobbyist after resigning position. Shocking no one, the man that sided with monopoly corporations to raise rates and slow-walk fully-funded projects is now an energy lobbyist. Emile Thompson is best known for his nonstop approvals to raise electric and gas rates during an affordability crisis, adding an additional $200 per year to bills for regular service. Alongside approving rate hikes, which gave Pepco shareholders a nearly guaranteed 10% profit through ROE, Thompson rubber-stamped Project PIPES, a controversial Washing Gas project that ripped pipes from the streets at exponential costs, yet failed to decrease gas leaks. Thompson's time at the PSC was marred by constant deference to Pepco and Washington Gas at the expense of DC's public. His handling of Pepco's 2024 rate case was so poor that the DC Court of Appeals overturned his approval since Thompson's commission failed to even follow standard procedure. In addition, Thompson allowed cost-saving energy projects to languish on the shelf, rarely ever disciplined utilities for noncompliance, and tried to keep DC hooked on the expensive, volatile wholesale market PJM. When Thompson's commission came under scrutiny during the mayoral primary, he published press releases, op-eds, and even social media posts on official PSC accounts to deflect blame. It goes without saying, this is incredibly unusual for a regulator to be playing defense in the media like this. While he could have stayed at the PSC until early 2027, Thompson announced his resignation for August 14 with a letter that mirrored the tone of his previous media statements. Then, days later, Danovo Energy Solutions announced it hired Thompson as its new Senior Vice President of Regulatory Affairs. Danovo (part of Quanta Services) is a consulting and technical firm that works with utilities, power generators, and government bodies (like state PSCs). Interestingly, Pepco contracted Quanta for a study regarding EVs in DC. Following Thompson's departure, Ted Trabue was elevated to interim chairman at the PSC. It's worth noting that like Thompson, Trabue failed to receive DC Council approval for another four-year term at the PSC, even though Mayor Bowser submitted his nomination for reapproval.
'AI plays in disguise' - analyst highlights Quanta Services (PWR) as a promising AI power stock. Published on august 19, 2026 at 10:18 am by fahad saleem in news, stock analysis. Chad Dillard of Bernstein said in a recent program on CNBC that Quanta Services (NYSE:PWR) is an "800-pound gorilla" in high-voltage transmission lines. He was responding to a CNBC host who asked him to discuss "AI plays in disguise" beyond the major names everyone is aware of. "I think we need to focus on what the bottlenecks are, right? It's power and labor," Dillard said. "On the power side, like you just said, you know, Caterpillar, it's an obvious one, power generation. But there's also another way to improve power, and that's by raising the voltage. And I'm talking about high voltage transmission lines. I'm talking about raising the voltage in data centers. ( Quanta Services) They're an 800-lb gorilla basically in the room." Quanta Services (NYSE:PWR) can benefit from the coming wave of AI-related power demand because it's one of the few companies big enough to do the actual building when utilities spend money to expand and upgrade the grid. Quanta makes money by constructing the power lines, substations, and grid infrastructure the US needs, work that puts it right in the middle of the buildout. In the recent quarter, revenue jumped about 40% year over year, and the company raised its full-year guidance for revenue, earnings per share, and cash flow. Bulls also point to Quanta's recent acquisitions: Phalcon, Enerfab, Percheron, and PSD. Quanta expects these deals to add roughly 3 to 4% to its revenue in 2026. The bull case is that these purchases add skilled workers, fabrication capacity, and permitting support, giving Quanta more control over the bottlenecks that slow projects down. The acquisitions will directly benefit the company in the long run. Phalcon brings about 4,100 workers and over 400,000 square feet of fabrication and modular facilities across the Northeast and Mid-Atlantic. Enerfab adds roughly 2,100 workers and 250,000 square feet of fabrication space, covering electrical, mechanical, and maintenance work. Percheron handles the front-end stuff that trips up big projects: land title, right-of-way, surveying, and engineering design. PSD adds engineering, manufacturing, and prebuilt substation buildings in Australia. Valuation isn't cheap. Quanta trades at a forward price-to-earnings ratio of about 41.6, roughly double its sector median of 20.8. Its forward EV/EBITDA sits around 26.8 versus a sector median of 12.5, more than double. If the selloff in AI and power stocks deepens, or investors pull money out of anything tied to data center spending, Quanta's multiple could shrink. While we acknowledge the risk and potential of PWR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PWR and that has 10,000% upside potential, check out our report about the cheapest AI stock.
Orser Capital Management LLC acquired a new position in shares of Quanta Services, Inc. (NYSE:PWR – Free Report) in the 2nd quarter, Holdings Channel reports. The fund acquired 2,704 shares of the construction company’s stock, valued at approximately $1,947,000. A number of other large investors have also recently made changes to their positions in PWR. […]
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Industries
Consulting
Industrial & Manufacturing
Government & Public Sector
Energy
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1997
Find jobs on Simplify and start your career today