Recognizing the economy was turning toward the end of 2008, Mid Eastern Builders of Chesapeake, Va., bid aggressively and secured contracts for a diverse mix of long-term projects that have helped the firm thrive in 2009, with revenues of $190 million up from $158.9 million in 2008.
“We cover a wide range of project types and have the Noah’s Ark of construction portfolios,” says Mark F. Olmstead, vice president of Mid Eastern Builders. “[That diversity] has been great for us the last couple of years.”
The company, founded in 1982, works in Virginia, Maryland and North Carolina, typically focusing on commercial, industrial, government and heavy civil projects. �� �
Nansemond Wastewater Treatment Plant Expansion in Suffolk, Va.; the $34-million Craney Island Fuel Storage Tanks replacement project in Portsmouth, Va.; and the $38-million Proctors Creek Wastewater Treatment Plant Expansion in Richmond, Va.
Location: Chesapeake, Va.
Regional Rank: 27
Regional Revenue: $190 million
