Transitioning a business to a new generation of leaders, no matter what decade you are in, has always been a multifaceted, emotional and intricate process—one that is easy to put off due to the anxiety it can generate.
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Consolidation in the construction industry has steadily increased over the past 10 years. In the utility construction segment, we’ve seen the market capitalization of the top 10 public companies grow by 65% over the past decade.
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At its core, the construction equipment fleet is meant to facilitate the building of projects. Yet, somewhere along the way, many in our industry lost sight of this truth and became lovers of equipment for its own sake. We propose a concept that should be less controversial than it will be – that the equipment fleet is a strategic asset and should be managed as one.
Read MoreJSL Asphalt, Inc., is a significant player in the supply and installation of bituminous concrete for the northern Connecticut market.
Read MoreJSL Materials subsidiary John S. Lane & Son is one of the leading aggregate producers in New England, with five mining operations including four quarries and one sand/gravel pit in central Massachusetts.
Read MoreInterstate Highway Construction is a leading heavy construction builder of airfields, highways, streets, parking lots, industrial pavements, and water resource projects across the Rocky Mountain West, Midwest, and Southwestern United States.
Read MoreBarriere consists of three asphalt plants, a heavy civil and industrial construction line of business, sand and gravel operations, and aggregates river terminals.
Read MoreAce Ready Mix served South Dakota as a leading ready-mix concrete producer and supplier.
Read MoreLocated in South Dakota, Myrl & Roy’s is the leading asphalt paving contractor and established supplier of construction aggregates to the Sioux Falls market.
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It’s no secret that we’re experiencing one of the longest economic expansions since World War II, and the Built Environment has been a clear beneficiary of this prosperous time for eight consecutive years. Exactly when an economic recession will rear its ugly head is anyone’s guess, but few would argue the fact that we’re at the top of the business cycle right now.
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