Total Picture Overall Contracts Expected to Rise Sharply on Strength in Non-Residential and Residential McGraw Hill Construction forecasts a dramatic increase in the manufacturing and education sectors.
Firms in Focus | Panattoni Development Co., 730 Sandhill Rd., No. 110, Reno
CEO: Doug Roberts
Reno Office Founded: 2000
Making Old New: The firm recently acquired the 400-450 Parr Boulevard project in Reno and will redevelop the industrial property for a large food manufacturer expanding into the area.
Thomas R. Harris Professor, State Extension Specialist, Director, Economics Dept.
University of Nevada, Reno According to data from the Nevada Dept. of Employment, Training and Rehabilitation, at the start of the recession, the Reno area had 18,600 construction jobs, Harris says. Construction employment declined to a low of 7,400 in March 2011 and rose to 10,800 jobs in May 2014. From the start of the recession in December 2007 to the latest regional employment data in May 2014, the construction sector in the Washoe SMSA declined by 41.9%.