N.J. Firm Banks On Its Growing Niches

摘要

Vericon Construction Co. has relied on a strong safety record, repeat business from financial sector clients and an increasing number of highway-related projects to boost revenue last year-and gain recognition as ENR New York's Contractor of the Year for 2020. The Mountainside, N. J.-based contractor is growing as a result of its strong connections with major banks that are expanding in New Jersey and New York as well as from new contracts to improve the Garden State's highway infrastructure. Ultimately, the company's employees and their ability to prioritize tasks have helped the firm add new business, says Steve Mellett, president. "One of our biggest secrets has been knowing that hiring good people means great things will happen-and they do," he says. "People call us back because they like working with us." This growth has continued even during the COVID-19 pandemic over the last several months. Vericon, founded in 2005, reported a 10% increase in 2019 regional revenue to $143.77 million compared with the prior year, with overall revenue totaling $196.5 million. The firm boasts 145 staffers, with 97 in its headquarters and the rest spread across out-of-state offices in Atlanta, Charlotte, Arlington, Va., Orlando and Fort Lauderdale, Fla.