MALONEY STACY David L. Stacy , a civil engineer and co-founder of transportation contractor Stacy & Witbeck Inc., Alameda, Calif., died on Nov. 12 in San Jose, Calif. He was 77. Witbeck founded the company, now No. 212 on ENR’s list of The Top 400 Contractors, in 1981, along with partner Robert Witbeck. Major projects of the firm, which reported $351.2 million in 2008 revenue, include renovation of San Francisco’s cable cars and muncipal trolley system and modifications to California’s Calaveras Dam. Witbeck retired from the firm in 1998 and also was president of the Association of Engineering Construction Employers.
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.