Construction Today - January 2017 - 35

IN THIS SECTION
HBD Construction

p.66
HBD Construction prides
itself on building relationships with others.

Company Profiles
36

40
42
45

government support for small businesses as their top concern for the
next 12 months, up significantly versus 2 percent the previous year.
Financial issues top list of concerns for 2017: Not getting paid by
clients (18 percent) and passing on cost increases to customers (18
percent) topped the list of concerns for the coming year. Small business owners in construction also remain concerned about attracting
new customers, holding steady this year at 17 percent, compared to
15 percent in 2015.

48
50
54
58
62
64
66

Swinerton Builders and Jacobsen
Construction Joint Venture -
The Beverly Center
Avon Contractors
Crossland Construction -
A Gathering Place For Tulsa
Tishman, an AECOM Company -
MGM Springfield Parking Garage
MC Construction Management
Mortenson Construction -
QTS Data Center
Fabcon Precast
Reeves Young -
Atlanta Braves Stadium
Clifton Construction
Shell McElroy Construction Co.
HBD Construction

Reasons to be Excited
On the flip side, businesses are growing with an expanding customer base: Most respondents saw their businesses grow over the last
year, with 62 percent reporting increases in revenue and 64 percent
reporting an increase in profits. Additionally, 73 percent increased their
customer base over the past 12 months and 64 percent saw their order
book grow.
Quality of life is improving: Fewer small business owners in the
construction industry worked more than 60 hours a week, down to 11
percent from 15 percent when last reported. Most worked between 40
to 59 hours a week, with more than half of those managing between
40 to 49 hours. While still high, only 11 percent of construction
industry business owners reported taking no vacation days this year,
compared to nearly a quarter of respondents (23 percent) previously.
In it for the long haul: Small business owners in the construction
industry are in it for the long haul and envision a future for their
company beyond their tenure, with 70 percent planning to be in
business for the next five years. Of those owners planning to exit
their companies in the next five years, only 28 percent plan to shutter
their business following their retirement, down significantly from

57 percent the prior year. Thirty-two percent
plan to transfer ownership to their children
or other family members.
Although there are still some areas of concern, these trends and recent performance
point to a positive outlook for 2017. With
more certainty as a nation and a continually
improving economy, small business owners
in the construction industry have plenty of
reasons to be cautiously hopeful as they ring
in the new year.
Lou Casale is head of communications at specialist insurer Hiscox USA. As a
marketing and communications expert, he has created transformative programs
for Fortune 500 corporations, startups and C-level executives. He is a recognized
thought leader across all facets of communications, from reputation management
and media relations to digital and social media. For more information, visit www.
hiscox.com.

35

JANUARY 2017 CONSTRUCTION-TODAY.COM


http://www.CONSTRUCTION-TODAY.COM

Table of Contents for the Digital Edition of Construction Today - January 2017

Contents
Construction Today - January 2017 - Cover1
Construction Today - January 2017 - Cover2
Construction Today - January 2017 - 1
Construction Today - January 2017 - 2
Construction Today - January 2017 - Contents
Construction Today - January 2017 - 4
Construction Today - January 2017 - 5
Construction Today - January 2017 - 6
Construction Today - January 2017 - 7
Construction Today - January 2017 - 8
Construction Today - January 2017 - 9
Construction Today - January 2017 - 10
Construction Today - January 2017 - 11
Construction Today - January 2017 - 12
Construction Today - January 2017 - 13
Construction Today - January 2017 - 14
Construction Today - January 2017 - 15
Construction Today - January 2017 - 16
Construction Today - January 2017 - 17
Construction Today - January 2017 - 18
Construction Today - January 2017 - 19
Construction Today - January 2017 - 20
Construction Today - January 2017 - 21
Construction Today - January 2017 - 22
Construction Today - January 2017 - 23
Construction Today - January 2017 - 24
Construction Today - January 2017 - 25
Construction Today - January 2017 - 26
Construction Today - January 2017 - 27
Construction Today - January 2017 - 28
Construction Today - January 2017 - 29
Construction Today - January 2017 - 30
Construction Today - January 2017 - 31
Construction Today - January 2017 - 32
Construction Today - January 2017 - 33
Construction Today - January 2017 - 34
Construction Today - January 2017 - 35
Construction Today - January 2017 - 36
Construction Today - January 2017 - 37
Construction Today - January 2017 - 38
Construction Today - January 2017 - 39
Construction Today - January 2017 - 40
Construction Today - January 2017 - 41
Construction Today - January 2017 - 42
Construction Today - January 2017 - 43
Construction Today - January 2017 - 44
Construction Today - January 2017 - 45
Construction Today - January 2017 - 46
Construction Today - January 2017 - 47
Construction Today - January 2017 - 48
Construction Today - January 2017 - 49
Construction Today - January 2017 - 50
Construction Today - January 2017 - 51
Construction Today - January 2017 - 52
Construction Today - January 2017 - 53
Construction Today - January 2017 - 54
Construction Today - January 2017 - 55
Construction Today - January 2017 - 56
Construction Today - January 2017 - 57
Construction Today - January 2017 - 58
Construction Today - January 2017 - 59
Construction Today - January 2017 - 60
Construction Today - January 2017 - 61
Construction Today - January 2017 - 62
Construction Today - January 2017 - 63
Construction Today - January 2017 - 64
Construction Today - January 2017 - 65
Construction Today - January 2017 - 66
Construction Today - January 2017 - 67
Construction Today - January 2017 - 68
Construction Today - January 2017 - 69
Construction Today - January 2017 - 70
Construction Today - January 2017 - 71
Construction Today - January 2017 - 72
Construction Today - January 2017 - 73
Construction Today - January 2017 - 74
Construction Today - January 2017 - 75
Construction Today - January 2017 - 76
Construction Today - January 2017 - 77
Construction Today - January 2017 - 78
Construction Today - January 2017 - 79
Construction Today - January 2017 - 80
Construction Today - January 2017 - 81
Construction Today - January 2017 - 82
Construction Today - January 2017 - 83
Construction Today - January 2017 - 84
Construction Today - January 2017 - 85
Construction Today - January 2017 - 86
Construction Today - January 2017 - 87
Construction Today - January 2017 - 88
Construction Today - January 2017 - 89
Construction Today - January 2017 - 90
Construction Today - January 2017 - 91
Construction Today - January 2017 - 92
Construction Today - January 2017 - 93
Construction Today - January 2017 - 94
Construction Today - January 2017 - 95
Construction Today - January 2017 - 96
Construction Today - January 2017 - 97
Construction Today - January 2017 - 98
Construction Today - January 2017 - 99
Construction Today - January 2017 - 100
Construction Today - January 2017 - 101
Construction Today - January 2017 - 102
Construction Today - January 2017 - 103
Construction Today - January 2017 - 104
Construction Today - January 2017 - 105
Construction Today - January 2017 - 106
Construction Today - January 2017 - 107
Construction Today - January 2017 - 108
Construction Today - January 2017 - 109
Construction Today - January 2017 - 110
Construction Today - January 2017 - 111
Construction Today - January 2017 - 112
Construction Today - January 2017 - Cover3
Construction Today - January 2017 - Cover4
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue5
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue5b
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue5a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue4
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue4a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue3
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue3a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue2
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue2a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue1
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol17issue1a
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue6
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue5
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue4
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue3
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue2
http://digital.construction-today.com/nxtbooks/knighthouse/ct_vol16issue1
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201712
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201711
http://digital.construction-today.com/nxtbooks/knighthouse/ct_20170910
http://digital.construction-today.com/nxtbooks/knighthouse/ct_20170708
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201706
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201705
http://digital.construction-today.com/nxtbooks/knighthouse/ct_20170304
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201702
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201701
http://digital.construction-today.com/nxtbooks/knighthouse/ct_20161112
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201610vol2
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201610
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201609
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201608
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201607
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201606
http://digital.construction-today.com/nxtbooks/knighthouse/ct_201605
http://digital.construction-today.com/nxtbooks/phoenix/ct_201604
http://digital.construction-today.com/nxtbooks/phoenix/ct_20160304
http://digital.construction-today.com/nxtbooks/phoenix/ct_20160102
http://digital.construction-today.com/nxtbooks/phoenix/ct_20151112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150910
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150708
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150506
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150304
http://digital.construction-today.com/nxtbooks/phoenix/ct_20150102
http://digital.construction-today.com/nxtbooks/phoenix/ct_20141112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140910
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140708
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140506
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140304
http://digital.construction-today.com/nxtbooks/phoenix/ct_20140102
http://digital.construction-today.com/nxtbooks/phoenix/ct_20131112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130910
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130708
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130506
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130304
http://digital.construction-today.com/nxtbooks/phoenix/ct_20130102
http://digital.construction-today.com/nxtbooks/phoenix/ct_20121112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20120910
http://digital.construction-today.com/nxtbooks/phoenix/ct_201208
http://digital.construction-today.com/nxtbooks/phoenix/ct_201207
http://digital.construction-today.com/nxtbooks/phoenix/ct_201206
http://digital.construction-today.com/nxtbooks/phoenix/ct_201205
http://digital.construction-today.com/nxtbooks/phoenix/ct_201204
http://digital.construction-today.com/nxtbooks/phoenix/ct_201203
http://digital.construction-today.com/nxtbooks/phoenix/ct_201202
http://digital.construction-today.com/nxtbooks/phoenix/ct_201201
http://digital.construction-today.com/nxtbooks/phoenix/ct_201112
http://digital.construction-today.com/nxtbooks/phoenix/ct_20111011
http://digital.construction-today.com/nxtbooks/phoenix/ct_201109
http://digital.construction-today.com/nxtbooks/phoenix/ct_201108
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201107
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201106
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201105
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201104
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201103
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201102
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201101
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201012
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201011
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201010
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201009
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201008
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201007
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201006
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201005
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201004
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201003
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201002
http://digital.construction-today.com/nxtbooks/businessmedia/ct_201001
http://digital.construction-today.com/nxtbooks/schofield/ct_200912
http://digital.construction-today.com/nxtbooks/schofield/ct_200911
http://digital.construction-today.com/nxtbooks/schofield/ct_200910
http://www.nxtbook.com/nxtbooks/schofield/ct_200909
http://www.nxtbookMEDIA.com