New England’s construction industry was fortunate to have a sizable backlog of turnkey projects ready to be built as soon as the recession ended, including several luxury condo towers in Boston.
The top 10 firms in the ENR MidAtlantic Top Contractor rankings nearly surpassed pre-recession levels in 2015, raising a combined $10.33 billion, up from $9.9 billion in 2014 and $9 billion in 2013. In 2008, the top 10 contractors collected a total of $10.7 billion.
Jumping to 59 on ENR’s national Top 400 Contractors list this year, up from 63 the previous year, Shawmut saw its revenue rise 22.6 percent in 2015 to $1.2 billion.