The construction industry revved up significantly in 2013, with the respondents to ENR California's annual survey of contractors reporting a 16.4% gain in revenue over the previous year.
California's top contractors experienced a robust 2012 and anticipate an even stronger 2013, according to an annual survey conducted by McGraw Hill Research & Analytics and ENR California.
The 10 leading companies on ENR California's 2012 Top Contractors list collectively had a strong year, reporting a 15% gain in their Golden State revenue in 2011. But in general, most contractors saw business hold relatively steady, posting small revenue upticks or declines compared with their 2010 results. Related Links: ENR California's Top Contractors 2011 Ranking Engineering News Record As they look at 2012 and beyond, California contractors are starting to see brighter business signals on the horizon. In particular, they are spotting signs of life in the technology-driven commercial office and residential markets, both in the San Francisco Bay
As California’s construction industry continues to feel the recession’s pinch, some of the state’s top contractors are tightening their tool belts and concentrating on their company’s individual talents to stay ahead in the game. Slide Show Related Links: Top Contractors in California “The biggest challenge right now is a lot more competition on projects,” says Michael Scribner, president and CEO of San Francisco-based BCCI. “It used to be that we were competing against maybe two or three contractors on a project and now there could be between eight and 10.” Scribner, whose company specializes in interiors work around the Bay