Despite the economic downturn, Baker Roofing Co. is reaching new heights, literally and figuratively, as it ventures into new market sectors and broadens its reach in the Southeast. The Raleigh-based company, 96 years in the roofing business, is moving into renewable energy markets. Baker continues to focus on its home Southeast turf, but it is expanding into more cities in the region.
The strategies have paid off. Although its profit margins are down, Baker's regional revenue climbed a strong 29% last year, to $117.1 million. The company has also maintained its work force at more than 750 during tough economic times. For its successful strategy and other reasons, ENR Southeast has named Baker Roofing its Specialty Contractor of the Year.