Photo courtesy of Graycor Graycor recently completed work at Duke Energy's new clean-coal, integrated gasification combined-cycle powerplant in Edwardsport, Ind. Photo by Drew Reynolds "We're on a generational march," says Matthew Gray, Graycor president (left), shown with brother and Graycor CFO Steven Gray. "We're not a quarter-to-quarter or year-to-year firm." Related Links: ENR's Top 400 Contractors Looking Back: Graycor's Contracting Strategies For a construction firm best known for gritty industrial and power projects, the suburban Chicago-based Graycor Inc. is spending a lot of time these days presiding over tenant fit-outs—its own, as it happens.While the lingering slowdown has prompted flashier
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.