PRZOOM - /newswire/ -
Denver, CO, United States, 2016/05/20 - PCL Construction was named the eighth largest contractor on Engineering News-Record (ENR) magazine’s “Top 400 Contractors” list - PCL.com.
The Top 400 Contractors list is an annual ranking of 400 publically and privately held general contractors based on construction contracting-specific revenue. PCL recorded $6.78 billion US in revenue for 2015.
When asked about PCL’s strategies for succeeding in a growing but uncertain market, Shaun Yancey, president and COO of PCL’s US Operations, responded with,“There is pressure to build more efficiently and a need by owners to see increased efficiency. PCL is continuously looking for ways to increase productivity while reducing our costs through lean construction processes.”
ENR reports that the market has finally returned to pre-recession levels for US general contractors and construction managers. The Top 400 generated $344.14 billion in contracting revenue in 2015, an increase of 3.7% from 2014’s $331.94 billion. The real story is on the domestic side of construction, as contracting revenue from US projects rose a healthy 9.5%.
View the full report, including rankings, online, or in the May 23 issue of ENR.
About PCL Construction
PCL (pcl.com) is a group of independent construction companies that carries out work across the United States, Canada, the Caribbean, and in Australia. These diverse operations in the civil infrastructure, heavy industrial, and buildings markets are supported by a strategic presence in 31 major centers. Together, these companies have an annual construction volume of more than $7 billion, making PCL one of the largest contracting organizations in North America.