Though specialty contractor firms in California and across the nation have been buffeted by severe market and financial pressures, Cupertino Electric Inc. (CEI) is expanding.
After weathering several years of revenue declines, staff cutbacks and shrinking margins, California specialty contractors say they are finally seeing rays of hope, especially in some regions along the coast.
Combining prominent transportation and energy projects, impressive revenue growth in the Golden State and an active community outreach program, Kiewit has been selected as ENR California's Contractor of the Year.
A three-office California design firm that has made sustainability central to its projects, large and small, was chosen by the editors of the ENR regional publications as the Design Firm of the Year 2012.
With a budget topping $4 billion, the Los Angeles International Airport's multi-year modernization is among the largest public-works projects in the city's long history.
Given that this year's Top Specialty Contractors ranking reflects the revenue decline that general contractors have experienced, it's heartening to hear an official at one top 10 subcontractor declare that he is still “bullish” about opportunities in California.
“Solar energy and health-care projects are the hot markets right now, and we happen to be playing in those markets,” says Larry Hollis, vice president of business development for Rosendin Electric Inc.
Regular readers of Engineering News-Record are familiar with the big names in the construction industry that lead off our annual “Top” lists of firms ranked by revenue.