Photo Courtesy of Schuff International, Inc. Concrete is the primary building material in all of Latin America, including Panama, but builders are starting to take advantage of steel on some projects, such as Torre V, a high-rise office building. Related Links: The Top 600 Specialty Contractors Arrival of Gates Marks Milestone in Panama Canal Expansion When the largest steel fabrication and erection company in the U.S. began looking for opportunities for growth, it expanded its horizons beyond the border."We could sense a slowdown in the U.S., so we started looking overseas," says Jay Allen, executive vice president of sales and
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.