With roots in federal renovation and construction projects, Grunley Construction Co. of Rockville, Md., fared well in 2009. Although regional revenues were down $50 million from 2008, the company finished 2009 with $326 million in revenue and maintained full employment.
“Our renovation work tends to be sizable, multiyear projects,” says Joel Zingeser, director of corporate development at Grunley. “We’ve had a fairly stable backlog of work, and in April 2009, we were awarded several American Recovery and Reinvestment Act-funded projects.”
Grunley is working on the fifth, $34-million phase of the Dept. of Interior Building renovation; the second, $43.8-million phase of the Mary E. Switzer Building renovation; the $16.5-million fourth phase of the U.S. Dept. of Agriculture renovation; and in a joint venture with Gilbane Building Co. of Providence, R.I., the $158-million second and third phases of the Herbert Hoover Dept. of Commerce Building renovation. Altogether, the stimulus projects in the District of Columbia total about $175 million.
The company also is working on the $122.7-million phase three Eisenhower Executive Office Building renovation in D.C.; is building the $4.4-million National Sporting Library in Middleburg, Va.; and is completing the $840,000 Bartholdi Park Restoration project in D.C.
Location: Rockville, MD.
Regional Rank: 15
Regional Revenue: $326 million