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Article: Most contractors report increased revenue during 2007.(Overview)
- Article from:
- Arkansas Business
- Article date:
- September 22, 2008
- Author:
CopyrightCOPYRIGHT 2008 Journal Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CONSTRUCTION ACTIVITY held its own among the leading commercial contractors in Arkansas during 2007. Combined revenue for the top 21 firms increased more than 12 percent compared with 2006, growing from nearly $2.28 billion to more than $2.61 billion.
Revenue increased a whopping 39 percent at Little Rock's CDI Contractors LLC, hitting $575 million last year and ranking the company No. 2 among Arkansas commercial contractors.
The year 2007 "was a record year for us," said William Clark, company CEO. "Our volume is off somewhat in 2008 because the retail market has slowed down, but we're still expecting to have one of our best years this year."
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