May 16, 2012

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Engineering News-Record Ranks Utah Construction Companies

Press Release

May 16, 2012

Engineering News-Record (ENR) publishes annually its list of the Top 400 Contractors in the United States. The rankings are recognized within the commercial construction industry as the standard by which construction companies are rated.

The 2012 Top 400 list, released on May 14, 2012, includes six Utah-based commercial contractors, led by Layton Construction, as the 85th largest commercial contractor in the country and the largest in Utah. The list also includes Okland Construction (#90), Big-D (#99), Jacobsen Construction (#145), R&O Construction (#194), and Clyde Companies (#197). The rankings are based upon 2011 construction revenues reported by the companies to ENR.

In last year’s ENR Top 400 report dated May 16, 2011, ENR senior editor Gary J. Tulacz reported, “The recession continues to plague large contractors in the U.S. ENR’s Top 400 Contractors list illustrates the downturn’s depth and breadth…About two-thirds of this year’s Top 400 showed a falloff in revenue in 2010 from 2009… Domestic revenue for the Top 400 fell 11.5 percent in 2010… Even more dramatic is the Top 400’s 23.3 percent revenue falloff in 2010 from 2008’s record high… While most major firms think the market has hit bottom, few see an immediate recovery.”

Tulacz’ observations this year are more optimistic than last year’s findings. Tulacz reports, “The slow turnaround in the construction market can be seen in this year’s ENR Top 400 Contractors list. As a group, the Top 400 generated…an increase of 8.8 percent  from 2010’s [revenues].”

Mirroring the market conditions nationwide, Utah’s commercial construction companies report mixed results individually, but in the aggregate, show an increase in revenues of 10.3 percent over revenues reported in 2010. The cumulative revenues of the top four Utah contractors on ENR’s Top 400 list rose from $1.92 billion in 2010 to $2.12 billion in 2011. It should be noted that portions of revenues of a number of these Utah companies are generated outside the state of Utah, as Utah’s construction companies continue to reach into regional and national markets. Significant local projects such as City Creek Center, and the James L. Sorenson Molecular Biotechnology Building on the University of Utah campus have been completed. However, other government-driven projects like the NSA Data Center and Federal Courthouse continue to breathe life into the local commercial construction industry which has endured a difficult four years of declines since the start of the great recession. It appears the worst may be over.

(5.16.12)

Utah Business Social
UB Events View All
2014 Fast 50 EventUtah Business Event
Aug 28, 2014
Utah Business magazine along with presenting sponsors Kirton McConkie, CBIZ, MHM, LLC and Newmark...
Community Events View All
62nd Annual Utah State History Conference
Aug 25, 2014
Thirteen thousand years of Utah's history will come alive through nearly 60 presentations on Utah...
Linux LPIC-1 Exam Prep Course 1
Aug 27, 2014
Designed to provide the essential skills needed to be proficient at the UNIX or Linux command lin...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel