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Top 100 Contractors of 2010

Diversification, efficiency help weather downturn

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...several market sectors has also been beneficial. We’re working on wind turbines and other renewable energy projects all over the country.

“Federal government projects, sports-facility work, health care and higher education have been active markets. We are thankful that we did well last year, but we realize we need to do more to fill the project pipeline.”

Chicago’s Pepper Construction Group ranks third, just one spot lower than last year, with $793.4 million. “One reason Pepper has fared reasonably well through a difficult time in the industry is that customers know they can count on our skill and financial strength to see projects through,” says Richard H. Tilghman, senior vice president. “That kind of reliability is particularly important in this kind of market.

“Diversification has helped, too. We serve a wide range of customers in many geographic areas. When some segments are really down, others aren’t. Our more active markets right now are health care, higher education, federal-government projects and interiors.”

Landing in fourth spot with $755.0 million, St. Louis’ Clayco Inc. has stepped up two rungs from last year.

Kirk Warden, senior vice president, says Clayco has stayed strong in the current economy because of three things. First, it is a diversified company that offers real estate, design, construction and precast erection. Second, it recognized the coming economic crisis, then proactively focused on reducing overhead and increasing efficiency. Third, it has stuck closely to its core philosophy: Hire and retain the best people. Be a great partner within the construction community. Pick the right projects.

“We work hard on the right deals, and we pass on the deals that aren’t right for both Clayco and the customer,” Warden says.

Bovis Lend Lease of Chicago rounds out the top five, down just two spots from last year’s third-place ranking. Bovis reported $728.6 million in revenue.

“We’ve maintained a diverse market sector strategy over the years,” says Kelly Benedict, vice president of business development.”

 

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