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.”