As construction continues at a steady pace throughout New England, specialty contractors remain well positioned to pick and choose their projects. Some of the firms participating in this year’s inaugural ENR New England Top Specialty Contractor survey confirm that it is a seller’s market.
During each of the last four years, crews of Cambridge-based mechanical contractor TG Gallagher logged in about 325,000 worker hours. TG Gallagher, ranked No. 6 on the survey, reported $108.23 million in revenue for 2016. Despite the seller’s market, Brian Potter, Gallagher’s chief executive, says the firm has extra capacity and could handle as much as $130 million worth of work. “Our revenue has been pretty neutral based on the opportunities out there,” he says. “We try to focus on making sure we can do the work properly and not just gobble up new work.”