• DIY & Improvements,  Home and housing

    Big Construction Firms Protecting Their Turf

    There’s no question that in the construction business, it really feels like “when it rains, it pours.” This is an industry that has seen the meanest kind of droughts, gang-buster spurts and the leanest profit margins. At the same time, though, when the industry turns around, as it started to do in 2014, it can suddenly seem like the industry is nothing but sunshine and daisies. According to Sageworks (a financial firm), sales for privately held construction companies grew at an average rate of 17% in 2014, making it the second fastest growing industry, behind real estate brokers and agents, an industry that grew 23%. It was followed by four other construction-oriented businesses:…