Construction Today - October 2009 - (Page 46)
Commercial | FAST-TRACK CONSTRUCTION On the Right ‘Track’ FAST-TRACK HAS A RECORD OF FINISHING 95 PERCENT OF ITS PROJECTS AHEAD OF SCHEDULE. However, AGC says, California’s non-residential construction spending in 2007 totaled an estimated $71 billion, and direct construction spending contributed $178 billion to the state GDP of $1.8 trillion. “Direct construction spending in the state added $58 billion in additional personal earnings to the benefit of California residents working in the state,” the association adds. That same year, the annual pay of construction workers in California reached an average of $51,600, which was 3.4 percent more than the average for private sector employees, AGC adds. In addition, “California had 78,000 construction firms in 2006, of which 88 percent were small businesses employing fewer than 20 workers,” it adds. ulver City, Calif.-based Fast-Track Construction has established itself as a well-known commercial contractor in its home state. Led by President Richard Tyler, the company has a record of completing 95 percent of its jobs ahead of schedule. With many of its jobs based on grants from the state, Fast-Track Construction has needed to meet the tight schedules of public jobs. At the moment, it has an ongoing, four-year contract with Edison Power. Construction’s Contributions Fast-Track Construction’s work reflects an industry that has a substantial economic impact on its home state. According to the Associated General Contractors (AGC) of America, the direct and indirect outlays associated with California’s non-residential construction spending supported more than 1 million jobs in 2007. • Headquarters: Culver City, Calif. In April 2009, the construction industry • Specialty: Commercial contracting employed 665,000 workers, AGC says. This was a decrease of 30 percent from February 2006, the association notes, when construction employment within the state reached its peak. The ‘Voice and Choice’ Based in Washington, D.C., AGC says it is the leading association for the construction industry. “Operating in partnership with its nationwide network of chapters, AGC provides a full range of services, satisfying the needs and concerns of its members, thereby improving the quality of construction and protecting the public interest,” the association says. Fast-Track Construction “California had 78,000 construction firms in 20 which 88 percent were06, of small businesses employing fewer than 20 workers.” –AGC »Fast-Track Construction has established itself as a well-known commercial contractor. Its work reflects an industry that has a substantial economic impact on its home state. 46 CONSTRUCTION-TODAY.COM OCTOBER 2009
Table of Contents for the Digital Edition of Construction Today - October 2009
Construction Today - October 2009
Regional Spotlight: Southwest
Ledcor Construction Hawaii LLC
C.H. GUERNSEY & Co.
First Gulf Development Corp.: Meadowvale Corporate Centre
Jacobsen Construction: Workers Compensation Fund Headquarters
Novak Construction Co.
Affordable Concepts Inc.
HBD Construction Inc.: Edwardsville Crossing
Ledcor Construction: Napa, Calif.
Mared Mechanical Contractors Corp.
Myers & Chapman Inc.
Summit Contractors Group Inc.
Wilcox Construction Inc.
Special Focus: Mergers & Acquisitions
Hensel Phelps: Phoenix Sky Harbor Intl. Airport Sky Train
Circle Construction LLC
Electrical Contractors Inc.
Everett, Wash., Department of Public Works
Imco General Construction Inc.: Arlington WWTP
New Prince Concrete Construction
R.N. Rouse & Co. Inc.
Stanek Constructors Inc.
Fort Lewis: New Barracks, Army Growth Complex and Support Battalion
Torcon Inc.: Brookhaven National Laboratory’s National Synchrotron Light Source II
Bovis Lend Lease: FBI Denver HQ
Stuart Olson: University of Lethbridge Markin Hall
Bird Construction Co.: Shearwater Helicopter Base
Carbon Constructors Inc.
Consultants & Builders Inc.
Emerick Construction Co.: Rock Creek Middle School
Broadmoor/Boh Brothers Construction Co.: U.S. Coast Guard Integrated Support Command
Cahill Contractors Inc.: The Oakland Museum of California Phase 1
Flintco Inc.: Germantown Women & Children’s Pavilion
Gamma Construction Co.
Kreizenbeck Constructors: BSU Student Union
Pizzagalli Construction Co.: FAHC Radiation Oncology
Robins & Morton: Lincoln Hospital
Steele & Freeman Inc.
Tenderloin Neighborhood Development Corp. (TNDC)
W.G. Yates & Sons Construction: Armed Forces Retirement Village
BBL Construction Services LLC: The Glen at Sugar Hill Apartments
Chelsea Investment Corp.
Affirmed Housing Group
Westland Construction Inc.: Bridges at Citifront
Product Showcase: Plumbing Equipment
Hunzinger Construction Co.: Johnson Controls Headquarters
B.L. Harbert International LLC: S.O.F. 5th Special Forces Battalion Operations Complex
Duke Construction: Monarch Beverage Co. Headquarters
Irish Construction Co.
TMU LLC (Triune)
Last Look: Consultants & Builders Inc.
Construction Today - October 2009