BENNING T.R. Benning Jr., co-founder and chairman of Atlanta-based commercial builder Benning Construction Co. and a wounded engineer combat battalion commander in World War II, died on March 10 in that city. He was 89 and had complications from a collapsed lung, the company says. Benning co-founded the firm in 1953 with his father and was president until 1990. The firm has about 100 employees and reported $46.8 million in 2009 revenue, according to ENR data. T.R. “Ted” Benning III has succeeded his father in that role. According to the firm’s website, the elder Benning began his career in 1943
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.