JONES He was remembered as a “prickly” corporate leader, but Edwin L. Jones Jr. built contractor J.A. Jones, founded by his grandfather, into an industry heavyweight before selling it to a German conglomerate that eventually collapsed under debt, forcing the U.S. firm into bankruptcy and a fire sale in 2003. Jones died on Dec. 26, 2010, in Charlotte, N.C., at age 89. Following a family tradition, Jones assumed the J.A. Jones presidency in 1959 and became chairman in 1971. The firm grew into a construction powerhouse, with projects ranging from the National Gallery of Art in Washington, D.C., to launch
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.