Our annual survey of specialty contractors shows it’s a good time to be a specialty firm in the Midwest. The two top-rated firms each booked more than $1 billion in regional revenue last year, and our smallest respondent still posted $5 million in work.
“It’s a great economy,” says Chuck Goodrich, president of Gaylor Electric of Indianapolis, which ranked 20th overall and seventh among electrical contractors this year. Goodrich is also the national chair of the Associated Builders and Contractors. “The Midwest is booming right now,” he says. “Our construction backlog for the Midwest is up to 40%. For the entire country, that backlog rate is around 20%.”