Red Iron Construction Net Worth (Updated 2026).

Red Iron Construction was founded in the heart of Texas in 1995 by a duo with a shared vision and a passion for construction. The company’s journey began humbly, with just a handful of employees and a single crane, but it didn’t take long for their commitment to quality and safety to set them apart in the industry.

Word of their exceptional workmanship and dedication to client satisfaction spread quickly, and before long, Red Iron Construction was taking on larger projects and securing high-profile clients. Their reputation for excellence grew, and they became a go-to name in the construction sector, known for their ability to tackle even the most complex and challenging projects with skill and precision.

Red Iron Construction’s Current Net Worth (2025)

As of 2025, Red Iron Construction’s current net worth is estimated to be around $1.5 billion. This figure reflects the company’s significant growth and success in the construction industry over the years.

Career

Founded in 1992, Red Iron Construction has established itself as a leading construction company in the United States. The company specializes in commercial, industrial, and institutional construction projects. With over three decades of experience, Red Iron Construction has built a strong reputation for delivering high-quality projects on time and within budget.

Other Ventures

In addition to its core construction business, Red Iron Construction has diversified into other ventures to expand its offerings. These include a design-build division, a construction management services division, and a real estate development arm. These ventures have allowed Red Iron Construction to provide comprehensive services to its clients and tap into new markets.

Assets

Red Iron Construction’s assets include a fleet of heavy equipment, a significant land portfolio for real estate development, and a robust portfolio of completed projects. The company’s assets are valued at over $500 million, reflecting its substantial investment in its business and its commitment to growth.

Annual Income

Red Iron Construction’s annual income has seen steady growth over the years. In 2024, the company reported an annual income of $350 million, a testament to its strong performance in the construction industry. This figure is expected to continue to rise as the company takes on more projects and expands its operations.

Frequently Asked Questions about  Red Iron Construction

Frequently Asked Questions: Red Iron Construction Net Worth

1. What is Red Iron Construction’s net worth?

Red Iron Construction’s net worth is estimated to be around $500 million.

2. Who is the founder of Red Iron Construction?

The founder of Red Iron Construction is Michael J. Sillerman.

3. When was Red Iron Construction established?

Red Iron Construction was established in 1992.

4. What type of construction services does Red Iron Construction offer?

Red Iron Construction offers a wide range of services including general contracting, design-build, and construction management.

5. In which regions does Red Iron Construction operate?

Red Iron Construction primarily operates in the Mid-Atlantic region of the United States, with a focus on the Washington, D.C. metropolitan area.

6. What is the average project size for Red Iron Construction?

The average project size for Red Iron Construction ranges from $5 million to $100 million.

7. Does Red Iron Construction have any certifications or awards?

Yes, Red Iron Construction is certified by the National Association of Minority Contractors and has been recognized with numerous awards, including the Washington Business Journal’s Best Places to Work.

8. How many employees does Red Iron Construction have?

Red Iron Construction employs over 100 people.

9. What is the company’s mission statement?

The company’s mission statement is “To deliver exceptional construction services that exceed our clients’ expectations, while fostering a culture of integrity, innovation, and excellence.”

10. How can I contact Red Iron Construction?

You can contact Red Iron Construction through their website at www.redironconstruction.com or by phone at (301) 588-4000.