In comparing the top 10 firms from 2009 (2008 data) and 2010 (2009 data), you can see that revenue dropped considerably all the way around. No surprise there.
A few firms managed to move up the rankings, though. For example, McCarthy Building Cos. came in fourth last year and moved up to number two this year; Turner moved from second to first; and DPR moved from seventh to fourth. The biggest jump within the top 20 was Hensel Phelps, number 12 last year and number five this year.
Lots of reasons for the fluctuations, all of them well known to all of you. As the economy slowly rebounds, however, investments start flowing again and project pipelines start to reassemble.
In California, hospitals, higher ed and major transportation projects are still moving along fairly steadily. In March alone, McCarthy, for example, started one project (the $10.3-million design-build parking structure at Scripps Memorial Hospital in Encinitas), completed another (the Sacramento Unified School District’s School of Engineering and Sciences) and topped out its megaproject (the $700-million Kaiser Permanente Fontana replacement hospital). McCarthy’s pipeline, at least last year and so far this year, is quite impressive.
Here are the top 10 Top Contractors:
5) Hensel Phelps
7) Rudolph and Sletten
10) Balfour Beatty US
And just for the heck of it, the 2009 Top Contractors:
3) Rudolph and Sletten
10) Clark Construction Group – California
Coming up via our online surveys: Top Green Contractors (May), Top Project Starts (June), Contractor of the Year (July), Top Specialty Contractors (August), Top Design Firms (September/October) and Top Green Building Designers (November).
And for onliners who like their news and features in e-newsletter form, California Construction will start its biweekly Insider newsletter starting next Monday (April 12).