Rising material costs, a never-ending labor shortage and inflation still have not conspired to keep New York and New England specialty firms from growing revenue.
Martin Concrete Construction’s website points up a number that Cory Lee, the company's president, says epitomizes what the Atlanta-based turn-key concrete specialty contractor is all about—a 93% repeat customer rate.
Specialty contractors are seeing a market steering back toward normal following the upheaval of the COVID-19 pandemic, and while inflation and other storm clouds linger, 2022 was a sunny year in the Southeast for most.
Worries about recessions and resources have done little to dampen the Las Vegas area construction market, and few specialty contractors better illustrate the current run of robustness than Commercial Roofers Inc. (CRI), ENR Southwest Specialty Contractor of the Year.
Despite recession fears and high interest rates as well as supply chain delays and continuing labor shortages, specialty contractors in the Southwest are applauding last year’s productivity levels and anticipating a continued burst of activity through 2023.
Firms' global revenue hits new peak of $138.9 billion with elevated environmental priorities, more funding and continued sector consolidation, but key risks still hover.