The past year was rewarding for general contractor Brasfield & Gorrie. After seeing revenue decline 20% in recent years, the Birmingham, Ala.-based firm has rebounded to exceed pre-recession levels, with $2.3 billion in revenue for 2013. The company also is marking its 50th anniversary this year while it works toward a sustained recovery.
The recession hit B&G hard. In 2007, revenues surpassed $2 billion for the first time and then dropped to $1.7 billion in 2011 from $2.14 billion in 2008, forcing B&G to reduce its workforce in field offices for the first time in its history. The company also shut down the millwork, operator and trucking divisions at its subsidiary, B&G Equipment and Supply, and laid off 63 employees.