If some MidAtlantic specialty contractors might have felt they were finally stepping off a roller coaster of rising interest rates, supply chain interruptions and climbing material and labor costs heading into 2024, regional revenue reported on the 2024 ENR MidAtlantic Top Specialty Contractor ranking may have justified that impression.
Form Energy will expand its just completed scaled-up iron-air system factory in West Virginia, also announcing $1.2 billion in firm investments and plans to deploy batteries at commercial scale, with Mortenson as contractor for the first project in Minnesota.
A tied-arch bridge span floated a mile down the Ohio River in April 2021, marking the first time such a method had been used to install a West Virginia bridge.
Cleaner hydrogen production hubs in California, the Pacific NW and the Appalachian region—of seven DOE picked last
year to negotiate hundreds of millions of
dollars in federal project support—are the first
to receive initial funding awards.
While disrupted supply chains, soaring material and labor costs and rising interest rates have hurled construction into choppy economic waters the last several years, the MidAtlantic’s specialty construction firms are starting to get their sea legs again.