Rising material costs, a never-ending labor shortage and inflation still have not conspired to keep New York and New England specialty firms from growing revenue.
Across Buist Electric’s primary stomping grounds of western Michigan, business continues to be strong. The Byron Center, Mich.-based electrical contractor is on track to grow its regional revenue by 25% in 2023, continuing a pace set over the last several years.
The contractor does not "admit or deny" charges on legacy project accounting violations, says federal regulator, but it cooperated with financial reporting probe—as agency reached similar pact with former McDermott executives in June.