Photo by Patrick Murphy-Racey Father and son, Ted Phillips Sr. and Teddy Jr., transformed a small Tennessee land-clearing business into a national civil-contracting powerhouse that counts the Tennessee Valley Authority among its oldest clients. Photo Courtesy of Phillips & Jordan Phillips & Jordan's 1,000-piece equipment fleet, including 150 dozers, 125 excavators and 75 loaders, enables the company to self-perform up to 80% of its work. Related Links: Mission Incredible: Clean Up, Then Tear Down New Orleans Katrina Disaster Risk Study Duke Energy Starts Ash Cleanup as N.C. Considers Tighter Regs Federal Aid Rolls Out for Post-Sandy Rebuilding Phillips & Jordan
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.