Rosendin Electric Inc., San Jose, Calif., is starting its 10th decade in business, now as the second-largest U.S. electrical contractor. But it’s still pushing into new market sectors and regions and refining corporate processes to compete in the post-recession economy. Photo: Rosendin Electric Inc. Alternative energy is a growing niche but has felt impacts of the recession. Related Links: Post-Recession Strategy for Firms Is the New Turning Point While nearly half the firm’s $893 million in 2008 revenue is in general building, it has read the tea leaves to move into more recession-resistant niches such as health care and mission
Despite a faltering international market, 2015 and the beginning of 2016 are proving to be strong years for U.S. contractors, with steady domestic growth and only moderate strain from workforce shortages.