If gains among the Midwest’s largest contractors weren’t as sweeping as those for the region’s major design firms in 2014, key indicators nevertheless suggest regional builders are emerging from the deep economic hole that engulfed them for years.
If a rising tide lifts all boats, the resurgent manufacturing sector has several Midwest contractors riding a welcome wave of activity not seen in years.
Architect-engineer CannonDesign doesn't simply serve markets, it burrows into them with a fervor and fluidity that blurs lines among its operations in Chicago, St. Louis and more than a dozen other locations.
Misalignment of star markets plunged its regional revenue into a free-fall in the wake of the recession, but Southfield, Mich.-based contractor Barton Malow Co. has soared back on the strength of a better business model and organizational blueprint.
Many reasons can explain why Indianapolis-based electrical contractor ERMCO Inc. has emerged as the go-to firm for high-wattage projects in the region, but Greg Gossett, the firm's vice president of operations, says rocket science isn't among them.
It wasn't that long ago that BMW Constructors Inc., an Indianapolis builder known for down-and-dirty industrial projects, wasn't especially well known among up-and-coming talent in the region.