Kim Jennings
Mar 20, 2023
precast concrete producers reached
$25.8 billion in total revenue during 2022
On a national level, precast concrete producers reached $25.8 billion in total revenue during 2022, following a 5-year period of strong growth, which has averaged 6.9 percent. The $25.8 billion in revenue was distributed across 2,730 plants. The industry provides direct employment for approximately 102,000 workers (37 employees per plant, on average) and contributed $5.1 billion in 2021 direct payroll expenses (not including benefits).
The industry is led by Sanitary & Stormwater products, which represents nearly one-third of all precast concrete production ($7.6 billion in revenue). Utility & Industrial products and Landscape & Building products are the second and third largest categories; though each is roughly only half the volume of Sanitary & Stormwater products.
The plant locations tend to align with population and geographic distance. On average, there is one precast concrete plant for every 121,000 people in the U.S. Large and well-populated states such as Florida, Texas and California have the most precast concrete plants, while there are only a few plants in smaller states such as Delaware and Rhode Island and also in larger but less populated states such as Wyoming and North Dakota.
