The Pike Cos.
Overall, it’s good news for the construction industry in Rochester, N.Y., Judson says.
“In general, we are back to being busy,” says the CEO of The Pike Cos., which provides construction management, design-build, general contractor and other services. “We see opportunities in distribution, health care, manufacturing and multifamily” residences, among other sectors, Judson says.
He surmises that Rochester’s “strong industrial history has endowed a thriving institution-driven economy” that will help the metropolitan area rebound.“This environment fosters a top-notch workforce and is a wonderful place to be an entrepreneur,” he adds.
Still, challenges abound in a world that’s still dealing with the pandemic.“We are currently dealing with major volatility throughout our supply chains,” Judson says.
He adds: “We are seeing a strong demand for our at-risk construction services, but the supply side is very dynamic.”
Judson remains hopeful that “this craziness will settle down into reasonable, sustainable inflation levels that our economy can digest.”