Construction Today - July 2016 - 43

GCC keeps is revenue balanced
between public and private
sectors to keep its business stable.

contractor by Engineering News-Record. The company's range of
services for site preparation includes grading and excavating, paving, site and structure concrete, underground utilities installation
and soil stabilization.
GCC works throughout the 11 counties surrounding San Francisco's Bay Area. The company utilizes a two-part operational structure
to serve its customers. One department focuses on the public market
and includes projects such as highways, bridges, walls and underground sewer and water infrastructure. That group participates in
the public bidding process for city, county and state contracts. The
other side of the company deals with privately developed projects
such as shopping centers, subdivisions, wineries, warehouses, hotels, industrial buildings and offices.
Other notable projects in GCC's portfolio include the site preparation for Levi's Stadium, George Lucas's Big Rock Ranch and the $1.5
billion Graton Resort & Casino in Rohnert Park, Calif.
The key to GCC's ability to survive for more than 100 years is its
diversification. The company strives to keep its revenue balanced
between the private and public sectors so that if one market crashes
- like private did during the Great Recession - GCC can fall back on
the other area.
Although the concern of an economic crash always lingers, the
Bay Area is in the midst of a major building boom that is creating
plenty of opportunities for companies such as GCC. Sixty years
ago, Santa Clara County was a rural community and today it is the
hotbed of Silicon Valley and the tech industry. The influx of tech
employees and the high housing prices in the region create huge demand for new living and working facilities. "It's just a big economic
driver," Ghilotti says of the tech industry.

«

works projects, the company is often prequalified for bidding due to
its bonding and safety record. Ghilotti says his company's ability to
meet bonding requirements and manage cash flow means that it has
never had an issue where it had to walk away from a job because of
financial performance.

Strengthening Reputation
GCC is able to secure those projects because of its century-old reputation for reliability and delivering quality. When it comes to public

43

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Table of Contents for the Digital Edition of Construction Today - July 2016

Contents
Construction Today - July 2016 - Cover1
Construction Today - July 2016 - Cover2
Construction Today - July 2016 - 1
Construction Today - July 2016 - Contents
Construction Today - July 2016 - 3
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