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The List: Reasons Behind General Contractors’ Ups and Downs in Revenue

POSTED MAY 12, 2017 BY MINNEAPOLIS / ST. PAUL BUSINESS JOURNAL

Overall, most of the firms that made the General Contractors List this year and last saw increases in revenue. Below are the firms that had the largest percent-change increase and the largest percent-change decrease year over year and the reasons why. For Twin Cities-based firms, companywide revenue was used. For those based elsewhere, only metro-area revenue was used.

FASTEST GROWERS

Stahl Construction

2015 revenue: $75 million

2016 revenue: $113.8 million

One-year revenue change: +52 percent

Why the change: Stahl said it’s been aggressive at landing jobs and operates more efficiently than other construction companies. The company’s Iowa division has seen strong growth, too, although Stahl said it doesn’t expect to continue this growth rate.

Read Minneapolis / St. Paul Business Journal’s full article at: http://bit.ly/RevenueUps_Downs