Hatzel & Buehler Rises in a Soft Market
Hatzel & Buehler Inc. has managed to thrive in a declining market. The Wilmington, Del., based electrical contracting company booked New York-New Jersey regional revenue of $111.54 million in 2014 to rank seventh in ENR New York’s 2015 ranking of Top Specialty Contractors. That is up eight places from the firm’s rank on last year’s list, when it posted $86.6 million in revenue.
William Goeller, the firm’s CEO, attributes much of the 28% year-over-year increase to large transportation jobs the company won and completed in 2014, particularly its $15 million contract for the Metropolitan Transit Authority’s Fulton Street Transit Center and a $40 million contract with MTA for the renovation of the 63rd Street subway station.
The Fulton transit hub in lower Manhattan follows damage caused by the 9/11 terrorist attacks. The hub is a connection point for 10 subway lines. The ground level entrance to the hub features a three-level retail center and a distinctive 120-ft high oculus that allows sunlight through a skylight and focuses and reflects it via an aluminum “sky reflector net.”
Hatzel & Buehler provided and installed a wide array of communication systems to the center, including telephone, fire alarm, public address, and emergency systems, as well as clocks and fiber optic and data networks.
The 63rd Street station is being renovated and modified as part of the expansion of the Second Avenue subway line to provide new entrances and new connections to platforms.