| 2005 Top Contractors
of the Southwest
Up, Up and Away: Contractors Continue Huge Gains
By
Scott Blair This year's Top General Contractors in Arizona, New
Mexico and Nevada soared to nearly $12 billion in annual commercial construction
revenue.
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This year's ranking of the 2005 Top General Contractors
of the Southwest found contractors of every stripe with dramatic gains this year.
Overall, the revenue reported by all 140 firms participating this year totaled
just shy of $12 billion, the first time this ranking has exceeded the $10 billion
mark.
Perini Building Company, a general building contractor, seized the
top spot again in this year's ranking. Last year the firm increased their revenue
by over 64 percent in the 3-state region, and this year they did it again with
a jaw-dropping 67 percent jump in construction revenue. These factors and others
led to Perini being named Southwest Contractor's General Contractor of the Year.
Marnell
Corrao Associates, Inc., came a close second with revenue exceeding $569 million
in 2005. The firm's largest project awarded in 2005 was the $145 million Turnberry
Town Square in Las Vegas, Nev.
Revenue reported by Arizona contractors
rose by nearly 10 percent from 2004. Most individual contractors saw double-digit
growth in 2005. Some Arizona-based firms more than doubled their revenue from
the previous year, including Kiewit Corporation, which jumped from 35th on our
chart to 14th place, and Opus West Construction Corp., which saw revenue climb
262 percent.
Nevada contractors blew away last year's phenomenal gain of
38.6 percent by
posting a 55 percent increase in construction revenue over
2004. M.J. Dean Construction increased their revenue by $100 million and climbed
nine spots
in the chart, while J.A. Tiberti Construction Co., Inc. more than
doubled their
revenue to $286 million for 2005. New Mexico finally got invited
to the party, with a refreshing 40 percent increase over the previous year. This
sent the revenue total
for all reporting New Mexico firms over the $1 billion
mark for the first time since Southwest Contractor began these rankings, and the
first time the state has
enjoyed double-digit increases.
Wooten Construction
Company of Las Cruces rose 24 spots in this year's ranking.
"We nearly
doubled our volume in one year because of the Dona Ana County Government Office
Building, which was the biggest project we have ever been awarded," said
Lisa Wasson, bookkeeper for Wooten Construction Company in
Las Cruces, NM.
"The future prospects in southern New Mexico are very bright because there
are three school district bond issues, state appropriation money
and numerous
New Mexico State University projects all coming up in the near future."
This
year's list includes our second annual ranking of the safest contractors in the
Southwest based upon each firm's voluntarily-reported experience modification
ratio. This can also be found on this site, along with profiles of the safest
contractors
in each state.
Click
here for 2005 Top Contractors List>>
Click here for Safest Contractors List>>
The Top Contractors feature
is compiled using voluntarily submitted data by each contracting company, based
on 2005 revenue figures. The accuracy of this data is reliant upon the good-faith
disclosure of each company's revenue. Any companies
that did not disclose
their 2005 revenue were not included in the rankings.
Over 1,000 surveys
were sent out to general contractors in Arizona, New Mexico and Nevada, and we
received over 145 submittals. While we attempt to send a survey to everyone, we
apologize if your firm was missed in this year's research. If you would like to
be considered for future rankings, please contact Southwest Contractor
at
602-631-3080.
Click
here for General Contractor of The Year Feature>>
Click here for Safest Contractors of the Southwest Feature>>
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